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U.S. Real Estate Fencing Market Forecast to Reach $14.1 Billion by 2032

U.S. Real Estate Fencing Market Forecast to Reach $14.1 Billion by 2032

by Phil Hall | May 6, 2024 | Commercial Real Estate News, Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

The market for fencing around U.S. residential and commercial properties is projected to grow from $8.8 billion in 2023 to $14.1 billion by 2032, according to a new forecast from DataHorizzon. The anticipated growth will total a compound annual growth rate of 5.3%....
Survey: Nearly Half of Buyers Stopped Looking for Homes Due to Inflation

Survey: Nearly Half of Buyers Stopped Looking for Homes Due to Inflation

by Phil Hall | May 6, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly half of U.S. homebuyers have stopped looking for residential property due to elevated interest rates, according to a new survey published by Discover Home Loans, a division of Discover Financial Services (NYSE: DFS) In a nationwide survey of 1,500 adults, 84%...
Study: Fewer White Buyers Taking Out Mortgages

Study: Fewer White Buyers Taking Out Mortgages

by Phil Hall | May 3, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

More nonwhite homebuyers and fewer White buyers have been taking out mortgages over the past five years, according to a data analysis by Redfin (NASDAQ:RDFN). Slightly less than two-thirds (62.2%) of new mortgages issued in 2023 went to White homebuyers, down from 64%...
Mortgage Rates Soar for Fifth Consecutive Week

Mortgage Rates Soar for Fifth Consecutive Week

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

Mortgage rates continues to soar in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 7.22% as of May 2, up from last week when it averaged 7.17%. A year ago at this time, it averaged 6.39%. The...
The Best Month and Day to Sell a Home Is…

The Best Month and Day to Sell a Home Is…

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

A new data analysis by ATTOM of home sales over the past 13 years has concluded that sellers can snag the highest premiums if they put their properties on the market in May, February and April. ATTOM number-crunched 59 million single-family home and condo sales from...
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