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A Phil Hall Op-Ed: What’s Next for NAR’s Clear Cooperation Policy?

A Phil Hall Op-Ed: What’s Next for NAR’s Clear Cooperation Policy?

by Phil Hall | Oct 15, 2024 | A Phil Hall Op-Ed, Current News & Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: Dark clouds have formed around the National Association of Realtors’ (NAR) Clear Cooperation Policy, with many prominent figures within the real estate industry calling for it to be jettisoned. However, it seems like an equal number of prominent...
Study: One-Third of Younger Americans Rethinking Relocation After Helene

Study: One-Third of Younger Americans Rethinking Relocation After Helene

by Phil Hall | Oct 7, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

In the wake of Hurricane Helene’s devastating impact on the Southeast, a new survey from Redfin (NASDAQ: RDFN) found nearly one-third (32%) of Americans aged 18-34 said they are reconsidering where they want to move in the future after seeing or hearing about the...
Report: Only 2.5% of Homes Changed Hands This Year

Report: Only 2.5% of Homes Changed Hands This Year

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

Only 25 out of every 1,000 homes, or 2.5%, changed hands in the first eight months of 2024, the lowest turnover rate in the past 30 years, according to a new data report from Redfin (NASDAQ: RDFN). The new data analysis determined that existing home sales were similar...
Asking Rents for New Apartments at Lowest Level in 2 Years

Asking Rents for New Apartments at Lowest Level in 2 Years

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

Asking rents for newly constructed apartments fell to $1,746 in the second quarter, according to new data from Redfin (NASDAQ: RDFN). This is a 6.2% decline from one year earlier – as well as the second consecutive quarter for declines, the second-steepest drop in...
New Home Sales Down as Nearly Half of Listings Go Untouched for at Least 60 Days

New Home Sales Down as Nearly Half of Listings Go Untouched for at Least 60 Days

by Phil Hall | Sep 25, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New home sales are down as more residences for sale are spending extended periods on the market, according to a pair of new data reports. Sales of new single-family houses in August were at a seasonally adjusted annual rate of 716,000, according to estimates published...
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