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Housing Crisis 2025: John G. Stevens’ Perspective

Housing Crisis 2025: John G. Stevens’ Perspective

by John G. Stevens | Jan 9, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

In 2024, I penned an article highlighting the alarming trend of renters outpacing homeowners in the United States. The data was clear: renter households were growing three times faster than homeowner households, driven by government overregulation, restrictive zoning...
Number of Homes Actively for Sale in December Up 22% Year-Over-Year

Number of Homes Actively for Sale in December Up 22% Year-Over-Year

by Phil Hall | Jan 8, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New data from Realtor.com recorded a 22% year-over-year increase in the number of homes actively for sale during December. Although December marked the 14th straight month for a growth in the number of homes actively for sale, it was also lower than November’s...
From Past to Present: The Evolution of Real Estate Agents and Their Legacy

From Past to Present: The Evolution of Real Estate Agents and Their Legacy

by John G. Stevens | Jan 7, 2025 | Market Snapshot, News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

As I reflect on my career in real estate, I often find myself thinking about the origins of this profession—a journey that started centuries ago and has evolved dramatically over time. Understanding where they came from can offer us insight into how far agents have...
Survey: One-Third of Homeowners Insist They Will Never Sell Their Home

Survey: One-Third of Homeowners Insist They Will Never Sell Their Home

by Phil Hall | Jan 7, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new survey from Redfin (NASDAQ: RDFN) has determined that roughly one-third (34%) of homeowners claim they will never sell their home, while another 27% say they wouldn’t consider selling for at least 10 years. A recent Redfin analysis found that just 25 of every...
Fannie Mae’s Home Purchase Sentiment Index Closed 2024 in Decline

Fannie Mae’s Home Purchase Sentiment Index Closed 2024 in Decline

by Phil Hall | Jan 7, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index (HPSI) ended 2024 in decline, with a 1.9-point drop in December to 73.1. However, the HPSI is up 5.9 points compared to this time last year. The new HPSI survey found the percentage of respondents who say it...
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