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Number of DC-Area Homes for Sale Up 22.7% from Last Year

Number of DC-Area Homes for Sale Up 22.7% from Last Year

by Phil Hall | Jul 30, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Washington, DC metro area has a growing surplus number of homes for sale, according to new data from Redfin. Last month, the DC market’s total number of homes for sale were up 22.7% year-over-over, marking the third-biggest jump in records dating back to 2012....
Starter Homes Sales and Prices on the Rise

Starter Homes Sales and Prices on the Rise

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

Sales of starter homes rose 3.9% year-over-year in June to the highest level in two years, according to a new report from Redfin. June was the 10th consecutive month in which home sales rose year-over-year. Pending sales of starter homes were also up last month with a...
The 10 Most Expensive US Home Sales for June

The 10 Most Expensive US Home Sales for June

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

Properties in California and Florida dominated the list of the nation’s 10 most expensive home sales during June, according to new data from Redfin. All 10 of the properties sold for more than $30 million. The most expensive US home sales of June were: 71 Beverly...
Report: Nearly 15% of Home Sale Agreements Canceled in June

Report: Nearly 15% of Home Sale Agreements Canceled in June

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

Roughly 57,000 home sale agreements nationwide were canceled during June, which is equal to 14.9% of homes that went under contract last month. According to a new report from Redfin, June’s share of canceled sales was up by 13.9% from one year earlier and marked the...
Housing Inventory at 5-Year High, But New Listings are Near 2-Year Low

Housing Inventory at 5-Year High, But New Listings are Near 2-Year Low

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

Two new data reports are offering a rocky view of today’s home selling market. Zillow (NASDAQ: Z, ZG) reports 1.36 million homes were for sale in June, the most since November 2019, with 28 of the nation’s largest metros being defined as either balanced or in buyers’...
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