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Report: Sales of Newly Built Homes at 4-Year Low

Report: Sales of Newly Built Homes at 4-Year Low

by Phil Hall | Oct 29, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Newly built homes accounted for 26.8% of single-family homes for sale nationwide in August, according to a new data report from Redfin. This is down from 28.2% one year ago and 30.6% two years prior, and it also marked the lowest level in four years. Redfin attributed...
Report: 15% of Home Purchase Agreements Canceled in September

Report: 15% of Home Purchase Agreements Canceled in September

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

Roughly 53,000 home purchase agreements were canceled in September, according to a data report from Redfin. The level of cancelations equals 15% of homes that went under contract last month, up from 13.6% in September 2024. Florida and Texas led the nation with...
Report: More Homes Selling at Discounted Prices

Report: More Homes Selling at Discounted Prices

by Phil Hall | Oct 20, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Only one-quarter of homes sold in September (25.3%) went for more than their final list price, according to data from Redfin. That share is down from 28.5% one year earlier and marked the lowest September level in six years. September’s average sale-to-list-price...
Report: 15% of Home Purchase Agreements Canceled in September

Report: 15% of Home Purchase Agreements Canceled in August

by Phil Hall | Oct 7, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Roughly 56,000 home purchase agreements were canceled in August, equal to 15.1% of homes that went under contract that month, according to a new data report from Redfin. This is up from 14.3% one year earlier and marked the highest August rate in records dating back...
Report: 72% More Condo Sellers Than Buyers

Report: 72% More Condo Sellers Than Buyers

by Phil Hall | Oct 6, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report by the Rocket Companies (NYSE: RKT) division Redfin has determined there were an estimated 72.3% more condo sellers than buyers (108,945 more) nationwide during August. This marked the fifth straight month in which there have been at least 70% more...
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