Why are active homebuyers now ready to list their old properties? The reasons vary by individual but display regional trends that track with national recovery, the Inman-Dig Insights survey found
The median sale price hit $399,633 as pending sales fell 3.5% annually. Mortgage applications, home touring and Google searches for 'homes for sale' increased, a positive sign for sellers
Delistings outpaced inventory growth in June even as price cuts surged, showing that a growing number of sellers are unwilling to compromise when it comes to their selling goals
The urban-suburban divide that helped define the housing market’s early pandemic boom has continued to shape its downturn and inventory rebalancing, according to an Intel analysis of hyperlocal data
Homebuyers continued to respond to market headwinds like high mortgage rates and economic uncertainty and failed to be drawn in by builder sales incentives
The FHFA HPI rose 3% on an annual basis in April, while the S&P CoreLogic Case-Shiller Index posted a 2.7% annual gain
The progress came even as competition for listings cooled across the country. Inman breaks down how the industry navigated the spring homebuyer season using insights powered by Market View
How is Denver out so far in front of the pack? Without a building boom, owners of existing homes are flouting a 'rate lock-in' and weak demand in a way that helps explain a broader national trend
Nearly 40% of homebuilders cut prices in June, the highest portion since the National Association of Home Builders began tracking the cuts. A decline in single-family starts is projected this year
A new report from Zillow shows that luxury home values rose 2.7% over the past year, with the typical luxury home now valued at around $1.8M
Metro areas with the greatest gains in inventory are those that continued to build during and shortly after the COVID-19 pandemic, while those that did not still lag behind pre-pandemic levels
Even with more inventory entering the market, homebuyers are struggling with elevated mortgage rates, NAR Chief Economist Lawrence Yun said, leading to fewer signed contracts
Rapid fluctuations in tariff policies have the economy and the stock market in a volatile state, which is weighing heavily on consumers, the April Inman-Dig Insights consumer survey shows
Existing-home sales dropped by 5.9% from February and by 2.4% from March 2024 as homebuyers continued to deal with affordability challenges, said NAR Chief Economist Lawrence Yun
The surge in sales was a welcome positive sign during a tenuous period for the US economy. However, high prices and high mortgage rates continue to curb homebuyers, new HUD data shows
The FHFA Housing Price Index posted a 4.8% annual growth rate while the S&P CoreLogic Case-Shiller Indices showed a slightly lower increase of 4.1%, according to new data released Tuesday