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Survey: Most Americans Think a Housing Crash Could Happen Next Year

Survey: Most Americans Think a Housing Crash Could Happen Next Year

by Phil Hall | Nov 28, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A majority of Americans believe that a housing market crash could happen in 2024, and more than one-third of them want it to happen. According to a survey of 2,000 American adults by LendingTree (NASDAQ:TREE), 44% of respondents think the housing market is at risk of...
Home Prices Up Again in Case-Shiller, FHFA Data Reports

Home Prices Up Again in Case-Shiller, FHFA Data Reports

by Phil Hall | Nov 28, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two leading housing data reported affirmed a continued increase in home prices. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 3.9% annual change in September, up from a 2.5% change in the previous month. The 10-City Composite showed...
New Single-Family Home Sales Down in October

New Single-Family Home Sales Down in October

by Phil Hall | Nov 27, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single‐family houses in October were at a seasonally adjusted annual rate of 679,000, according to estimates released by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. October’s activity is 5.6% below the revised...
Mortgage Rates Continue to Drop

Mortgage Rates Continue to Drop

by Phil Hall | Nov 24, 2023 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

Mortgage rates declined again in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage is now averaging 7.29%, down from last week when it averaged 7.44%. A year ago at this time, it averaged 6.58%. The...
Florida Home Sales Down While Prices Seesaw Up

Florida Home Sales Down While Prices Seesaw Up

by Phil Hall | Nov 22, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida recorded 19,729 closed sales of existing single-family homes statewide last month, a 5.3% year-over-year decline, according to data from Florida Realtors, while existing condo-townhouse sales totaled 8,115, down 2.9% over October 2022. Last month, Florida’s...
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