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New Data, Old Story: Home Prices Keep Going Up

New Data, Old Story: Home Prices Keep Going Up

by Phil Hall | May 2, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two new data reports have reaffirmed the continued acceleration of home prices. The national required household income to purchase the median priced home rose to $116,000 in April, after accounting for the cost of tax and insurance, according to new data from...
Median Rent Prices Down for Eighth Consecutive Month

Median Rent Prices Down for Eighth Consecutive Month

by Phil Hall | Apr 30, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Median rent prices inched down by 0.3% year-over-year in March, according to new data from Realtor.com. This marked the eighth consecutive month of declines in year-over-year prices. Nonetheless, the median rent of $1,722 was only $36 less than the peak seen in August...
The Most Eco-Friendly Housing Market Is…

The Most Eco-Friendly Housing Market Is…

by Phil Hall | Apr 22, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Six of the top 10 eco-friendly housing markets are in California and all 10 are either in the Pacific or Mountain time zones, according to a new data report from Realtor.com. For this report, data was culled from Realtor.com listings with eco-friendly keywords...
Renting Becomes More Affordable Than Buying in the 50 Largest U.S. Metros

Renting Becomes More Affordable Than Buying in the 50 Largest U.S. Metros

by Phil Hall | Mar 26, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

It has become more affordable to rent a home than buying a residence in the top 50 U.S. metros, according to the latest Realtor.com Rental Report. During February, the cost of buying a starter home in the top 50 metros was $1,027 (60.1%) higher than renting one – in...
Realtor.com Introduces Three New Climate Risk Factor Scores

Realtor.com Introduces Three New Climate Risk Factor Scores

by Phil Hall | Mar 13, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Realtor.com has added three new climate risk factor scores to its website that address heat, wind and air quality concerns within the home buying and selling process. The new scores, which use data provided by the climate technology company First Street, include Heat...
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