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New Data Finds Home Prices Still Rising While Rents Continue to Fall

New Data Finds Home Prices Still Rising While Rents Continue to Fall

by Phil Hall | Jan 21, 2025 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two new data reports have determined home prices are continuing to rise while rental housing costs are still in decline. Redfin (NASDAQ: RDFN) reported home prices rose from one year earlier in December across all 50 of the most populous metropolitan areas – the first...
Report: The Top Market for First-Time Homebuyers Is…

Report: The Top Market for First-Time Homebuyers Is…

by Phil Hall | Jan 9, 2025 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

First-time homebuyers entering the housing market are being advised to consider Pennsylvania’s capital for the new residence. According to the 2025 Realtor.com Best Markets for First-Time Homebuyers report, Harrisburg, Pennsylvania, was ranked number one among markets...
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 | Current News & Events, Market Snapshot, 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...
Realtor.com Predicts Top Housing Markets for 2025

Realtor.com Predicts Top Housing Markets for 2025

by Phil Hall | Dec 10, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

Three weeks ahead of New Year’s Eve, Realtor.com has published its forecast for the Top Housing Markets for 2025 – with all the locations based in the South and the West. The new year’s top 10 housing markets, ranked in order, are: Colorado Springs, Colorado...
New Forecast Predicts 3.7% Home Sale Price Growth in 2025

New Forecast Predicts 3.7% Home Sale Price Growth in 2025

by Phil Hall | Dec 4, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

The coming year will see home sale prices will grow by 3.7% while mortgage rates will stay above 6% and rents will remain virtually unchanged, according to a new forecast from Realtor.com. Realtor.com’s forecast is also pointing to an 11.7% increase in existing home...
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