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The Housing Seesaw: Home Sales Sink While Prices Remain Elevated

The Housing Seesaw: Home Sales Sink While Prices Remain Elevated

by Phil Hall | Aug 10, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Three new data reports have reaffirmed the new normal in housing: sales activity remains in decline while home prices continue to rise. The National Association of Realtors (NAR) determined that home price gains occurred in nearly 60% of major metro markets (128 out...
New Handbook Designed to Help Homebuyers Purchasing Insurance

New Handbook Designed to Help Homebuyers Purchasing Insurance

by Phil Hall | Aug 8, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Insurance Information Institute (Triple-I) and the National Association of Realtors (NAR) have partnered on the release of the new Homebuyers Insurance Handbook. The new handbook is designed to show homeowners how they can purchase an insurance policy with the...
Foreign Buyers Acquiring Fewer US Existing Homes, But Paying More for Them

Foreign Buyers Acquiring Fewer US Existing Homes, But Paying More for Them

by Phil Hall | Aug 1, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Foreign buyers purchased $53.3 billion worth of U.S. existing homes during the period from April 2022 through March 2023, according to new data from the National Association of Realtors (NAR). This represented a 9.6% decline from the 12-month period one year earlier....
Pending Home Sales Inched Up Slightly in June

Pending Home Sales Inched Up Slightly in June

by Phil Hall | Jul 27, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales recorded a mild 0.3% uptick from May to June, according to new data from the National Association Realtors (NAR). This marked the first month-over-month increase since February. However, on a year-over-year measurement, pending transactions were...
Pending Home Sales Inched Up Slightly in June

NAR: Existing Home Sales Down in June

by Phil Hall | Jul 20, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales fell 3.3% from May to June, reaching a seasonally adjusted annual rate of 4.16 million, according to data from the National Association of Realtors (NAR). On a year-over-year measurement, sales slid 18.9% from 5.13 million in June 2022. The median...
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