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Florida Home Sales Down Despite Wider Listings and Inventory

Florida Home Sales Down Despite Wider Listings and Inventory

by Phil Hall | Apr 24, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida recorded 23,128 closed sales of existing single-family homes during March, down 1.3% year-over-year, while existing condo-townhouse sales totaled 8,414, down 9.8% from one year earlier. According to data from Florida Realtors, the statewide median sales price...
Q1 Texas Home Sales Down Despite Boost in Active Listings

Q1 Texas Home Sales Down Despite Boost in Active Listings

by Phil Hall | Apr 22, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales in Texas were down during the first quarter despite a surge in active listings, according to new data from Texas Realtors. The 70,944 sales that closed in the first quarter represented a 1.5% year-over-year decline, despite a 30.7% upswing in active...
Redfin Follows Zillow’s Lead in Prohibiting Private Listings

Redfin Follows Zillow’s Lead in Prohibiting Private Listings

by Phil Hall | Apr 15, 2025 | Current News & Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Redfin (NASDAQ: RDFN) has followed the example set by Zillow (NASDAQ: Z, ZG) in prohibiting some private listings on its platform. Glenn Kelman, the company’s CEO, announced the policy shift in a blog posting where he declared, “Because we believe that all buyers...
Homes.com CEO Slams Zillow on New Listings Policy

Homes.com CEO Slams Zillow on New Listings Policy

by Phil Hall | Apr 14, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Homes.com CEO Andy Florance has blasted the announcement by Zillow (NASDAQ: Z, ZG) that it would not list homes that are not listed on the MLS within 24 hours of public marketing. In a letter to real estate agents, Florance called Zillow’s action “an incredible move...
Florida Single-Family Home Sales Up While Condo-Townhome Sales Drop

Florida Single-Family Home Sales Up While Condo-Townhome Sales Drop

by Phil Hall | Feb 24, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida’s housing market began 2025 with 15,384 closed sales of single-family homes statewide, up 3.6% from the January 2024 level, according to data from Florida Realtors. The statewide total of 5,787 existing condo-townhouse sales was down 3.7% year-over-year....
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