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The Most Eco-Friendly Housing Market Is…

The Most Eco-Friendly Housing Market Is…

by Phil Hall | Apr 22, 2024 | Current News & 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...
Median Luxury Home Price at New Record High

Median Luxury Home Price at New Record High

by Phil Hall | Apr 19, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median-priced U.S. luxury home sold for a record $1.225 million in the first quarter, up 8.7% from a year earlier, according to new data from Redfin (NASDAQ: RDFN). In comparison, the median price for non-luxury homes rose by 4.6% year-over-year to $345,000, also...
Florida Home Sales Down While Property Prices Rise

Florida Home Sales Down While Property Prices Rise

by Phil Hall | Apr 18, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Closed sales of existing single-family homes in Florida totaled 23,435 in March, down 10.4% year-over-year, according to new data from Florida Realtors. Existing condo-townhouse sales totaled 9,332, down 16.6% over March 2023. For the first quarter of the year,...
New York State’s Housing Inventory Sinks to New Record Low

New York State’s Housing Inventory Sinks to New Record Low

by Phil Hall | Apr 18, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Housing inventory across New York State plummeted to a new record low in March, according to the housing report released today by the New York State Association of Realtors (NYSAR). The total inventory of homes across the Empire State was down 14.7% year-over-year,...
Mortgage Rates Soar Above 7%

Mortgage Rates Soar Above 7%

by Phil Hall | Apr 18, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates blew past the dreaded 7% level for the first time this year, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 7.10% as of April 18, up from last week when it averaged...
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