Data Reports: Home Prices Up, But Cooling
WRE NEWS | October 31, 2024
Home prices are still on the rise, but two new data reports are pointing to a slowing acceleration.
Report: Only 2.5% of Homes Changed Hands This Year
WRE News | October 2, 2024
Only 25 out of every 1,000 homes, or 2.5%, changed hands in the first eight months of 2024, the lowest turnover rate in the past 30 years, according to a new data repo… Read more
Report: Homebuying Became More Affordable for the First Time Since 2020
WRE News | September 25, 2024
A new data report from Redfin (NASDAQ: RDFN) has determined homebuyers need an annual income of $115,454 to afford a $433,101 median priced home – a 1.4% decline from … Read more
Report: 6 of 7 People with Mortgages Have Interest Rates Below 6%
WRE News | August 28, 2024
A total of 85.7% homeowners with mortgages, roughly six out of every seven households, have an interest rate below 6%, according to a data report from Redfin (NASDAQ:R… Read more
Report: Total US Home Value At $49.6 Trillion Record High
WRE News | August 11, 2024
The total value of US homes gained $3.1 trillion during the past 12 months, a 6.6% year-over-year spike that resulted in a new record high of $49.6 trillion, according… Read more
2024 Silicon Valley Mid-Year Real Estate Market Report
Jackie (Jaleh) Schoelerman | July 19, 2024