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New York State Home Sales Up for Second Straight Month

New York State Home Sales Up for Second Straight Month

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

Home sales were up for the second consecutive month across New York State, with new listings and median sales prices also on the rise. According to data from the New York State Association of Realtors, closed home sales statewide were up by 3.1% from 7,395 in January...
Buyers Willing to Pay Nearly 4% More for a Remodeled Home Rather Than a Fixer-Upper

Buyers Willing to Pay Nearly 4% More for a Remodeled Home Rather Than a Fixer-Upper

by Phil Hall | Feb 19, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Listing a home as a fixer-upper may not be a profitable idea anymore, as a new analysis by Zillow (NASDAQ: Z, ZG) found buyers were willing to pay 3.7% more than expected for a home that is already remodeled – which is an additional $13,194 on a typical home and is...
Level of Newly Listed Homes Up 37.5% Month-Over-Month

Level of Newly Listed Homes Up 37.5% Month-Over-Month

by Phil Hall | Jan 30, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The nationwide level of newly listed homes grew 37.5% month-over-month in January, according to new data from Realtor.com. Newly listed homes were 10.8% above last year’s levels, an increase from December’s slight rise of 0.9%. Among the nation’s top 50...
Australia’s Top Ranked Listing Invites Buyers to ‘Renovate or Detonate’

Australia’s Top Ranked Listing Invites Buyers to ‘Renovate or Detonate’

by Phil Hall | Jan 29, 2025 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

A residence in suburban Brisbane that could charitably be described as a mess has become the surprise top ranking property in the listings on Australia’s RealEstate.com.au site. The Courter-Mail reports the two-bedroom property in Mitchelton, Australia, is being...
New Mexico MLS to Require Floor Plans in All Property Listings

New Mexico MLS to Require Floor Plans in All Property Listings

by Phil Hall | Jan 20, 2025 | Market Snapshot, News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

The New Mexico MLS (NMMLS) announced that it will make floor plans a required element of all residential, rental, and multifamily property listings. According to NMMLS, the decision is based on consistent requests by buyers having a floor plan available for review...
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