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Foreclosure Activity Records Uptick in August

Foreclosure Activity Records Uptick in August

by Phil Hall | Sep 13, 2023 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 33,952 residential properties had foreclosure filings in August, up 7% from the previous month but down 2% from one year earlier, according to data from ATTOM. Nationwide, one in every 4,113 housing units had a foreclosure filing last month. The states with...
Groucho Marx’s One-Time Long Island Home Listed for $2.3 Million

Groucho Marx’s One-Time Long Island Home Listed for $2.3 Million

by Phil Hall | Sep 12, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A house in New York’s Long Island that was the home of Groucho Marx from 1926 to 1931 has been listed for sale at $2.3 million. According to a Mansion Global report, the three-level residence in the town of Great Neck was built in 1923 and offers five bedrooms, four...
Zillow: More New Listings Available for Home Buyers

Zillow: More New Listings Available for Home Buyers

by Phil Hall | Sep 12, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home shoppers in August had a wider than usual selection – according to new data from Zillow (NASDAQ: Z, ZG), sellers listed nearly 350,000 homes for sale last month, up 4% from July. And while August’s new listings were more than 20% below pre-pandemic norms, the...
CoreLogic: Home Prices Up 2.5% for July

CoreLogic: Home Prices Up 2.5% for July

by Phil Hall | Sep 12, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

U.S. home price gains were up 2.5% year-over-year in July, according to new data from CoreLogic. This represented the 138th consecutive month of annual growth. The median nationwide sales price for a single-family home was $375,000 in July. Within the states, the most...
1 in 8 San Francisco Homeowners Lose Money in Sale

1 in 8 San Francisco Homeowners Lose Money in Sale

by Phil Hall | Sep 11, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A home seller in San Francisco is four times more likely to take a loss on their transaction compared to the average U.S. home seller, according to new data from Redfin (NASDAQ:RDFN) that determined the typical Bay Area seller sells their home for $100,000 less than...
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