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CoreLogic: Annual Home Price Growth Up 5.5% in February

CoreLogic: Annual Home Price Growth Up 5.5% in February

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

Single-family home prices were up in February by 5.5% year-over-year, according to new data from CoreLogic. On a month-over-over measurement, prices were up by 0.7%. Among states, South Dakota ranked first for annual appreciation in January (up by 13.8%), followed by...
A Phil Hall Op-Ed: Will the NAR Settlement Create a Lose-Lose Scenario for Homebuyers?

A Phil Hall Op-Ed: Will the NAR Settlement Create a Lose-Lose Scenario for Homebuyers?

by Phil Hall | Apr 1, 2024 | A Phil Hall Op-Ed, Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: As the proverbial dust is settling on the National Association of Realtors’ (NAR) $418 million settlement, a growing number of voices are starting to complain loudly that the changes being enacted on the home selling structure will not bode well for...
Barbara Corcoran Predicts Lower Rates Will Drive Home Prices ‘Through the Roof’

Barbara Corcoran Predicts Lower Rates Will Drive Home Prices ‘Through the Roof’

by Phil Hall | Apr 1, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Real estate investor and “Shark Tank” star Barbara Corcoran has warned that that lower interest rates will results in home prices going “through the roof.” In an interview with Yahoo Finance, Corcoran opined that lower rates would bring more buyers into a housing...
Typical Homebuyer’s Down Payment Up 24% From a Year Ago

Typical Homebuyer’s Down Payment Up 24% From a Year Ago

by Phil Hall | Mar 29, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median down payment for U.S. homebuyers in February was $55,640, according to new data report from Redfin (NASDAQ: RDFN). This marks a 24.1% upswing from $44,850 one year earlier, which is the largest annual percentage increase since April 2022. Home prices rose...
Frank Lloyd Wright-Designed Home Outside of Chicago Listed at $779,000

Frank Lloyd Wright-Designed Home Outside of Chicago Listed at $779,000

by Phil Hall | Mar 29, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Frank Lloyd Wright house outside of Chicago has been listed for the first time since 1976 for $779,000. According to Robb Report coverage, the Prairie-Style cottage known as the Warren Hickox House in Kankakee, Illinois, is on a roughly half-acre property. The...
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