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Q1 Investor Home Purchases Plummet 49% Year-Over-Year

by Phil Hall | May 31, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Property acquisitions by real estate investors during the first quarter were down by 48.6% from one year ago, according to new data from Redfin (NASDAQ:RDFN). This marks the largest annual decline on record, and outpaced the 40.7% drop in overall home purchases in the...
New Survey Finds Too-High Levels of Homebuyer Remorse

New Survey Finds Too-High Levels of Homebuyer Remorse

by Phil Hall | May 31, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Too many Americans who recently bought homes are having some regrets over their new purchase – 93%, to be precise, according to a survey released by Clever Real Estate. In a nationwide poll of buyers who acquired homes between 2021 and 2023, more than half (56%) said...
S&P Case-Shiller: Home Prices Are Rising Again

S&P Case-Shiller: Home Prices Are Rising Again

by Phil Hall | May 30, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest data from the S&P CoreLogic Case-Shiller Indices show a continued recovery for U.S. housing prices, with all 20 major metro markets tracked for analysis reporting month-over-month price increases. The U.S. National Index posted a 1.3% month-over-month...
China is Top Country with Buyers Searching for Miami Real Estate

China is Top Country with Buyers Searching for Miami Real Estate

by Phil Hall | May 23, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

According to new data from the Miami Association of Realtors, Chinese buyers generated the most global web searches for Miami-based residential properties during April. China accounted for 9.44% of all international searches on MiamiRealtors.com last month, a...
There Are Only Four Major Metros Where it is Cheaper to Buy a Home Than Rent

There Are Only Four Major Metros Where it is Cheaper to Buy a Home Than Rent

by Phil Hall | May 22, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

There are only four major U.S. metropolitan areas where it would be cheaper to buy a residence than rent the typical home, according to data from Redfin (NASDAQ:RDFN). In Detroit, the typical home is 24% less expensive to buy than rent – the median estimated monthly...
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