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Affordable Homeownership Opportunities Continue to Dwindle

Affordable Homeownership Opportunities Continue to Dwindle

by Phil Hall | Jun 29, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Median-priced single-family homes and condos were less affordable in the second quarter of this year compared to historical averages in 98% of counties around the nation with enough data to analyze, according to a new report from ATTOM. Nationwide, the median...
US Median Home Price in First Year-Over-Year Decline Since 2017

US Median Home Price in First Year-Over-Year Decline Since 2017

by Phil Hall | Jun 29, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. median home listing price was down by 0.9% year-over-year, according to data from Realtor.com. This marked the first yearly decline since 2017, when Realtor.com began to track this data. In June, the U.S. median list price was $445,000, up from $441,000 in...
DwellWell Launches Homebuyer Rebate Program

DwellWell Launches Homebuyer Rebate Program

by Phil Hall | Jun 29, 2023 | Current News & Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

DwellWell, a Los Angeles-based homebuying platform, has introduced a rebate program that is being promoted as “a solution for cash-strapped homebuyers.” According to the company, if buyers use an agent from DwellWell’s network to purchase a property, DwellWell’s agent...
One-Quarter of Homebuyers Looking to Move to Another Metro Area

One-Quarter of Homebuyers Looking to Move to Another Metro Area

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

One-quarter of American homebuyers, a new record level, are looking to move to a different metro area, according to data from Redfin (NASDAQ:RDFN). In comparison to current level of 25.4% homebuyers looking outside of their area, the share considering relocation was...

Mortgage Application Activity Continues to Rise

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

Despite still-high rates and a still-low housing inventory, mortgage application activity was on the rise last week, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, a measure of mortgage loan application volume, increased...
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