Inventory across all housing types fell 0.8% from the month previous and 12% year over year to 1.25M units. Nonetheless, home sales are expected to exceed 6 million by the end of the year
by Lillian Dickerson Nov 22
Seasonality and the Zillow exit will certainly impact this, but for the time being, iBuyers are at an all-time high, with Opendoor leading the pack
by Mike DelPrete Nov 17
Privately owned housing starts dipped 0.7% in October while single-family housing starts dropped 3.9%, according to US Census Bureau residential construction data
by Lillian Dickerson Nov 17
A recent survey of thousands of buyers and sellers found they overwhelmingly work with agents, even as their attitudes have shifted
by Daniel Houston Nov 11
The median sales price of single-family existing homes increased in 99% of the 183 markets measured by the National Association of Realtors, while 78% of markets saw double-digit price gains
by Lillian Dickerson Nov 10
This move that has significant implications for the real estate industry. Here's why
by Mike DelPrete Nov 3
Slowed contract signings in September are a likely sign that home price growth will soon come back down to earth, NAR Chief Economist Lawrence Yun said
by Lillian Dickerson Oct 28
Sales of new single-family homes notched a seasonally adjusted annual rate of 800,000 in September 2021, while the median sales price hit a new record of $408,800
by Lillian Dickerson Oct 26
Home prices inched up 1% in August from the previous month and soared 18.5% year over year, but annual gains may be slowing, according to the Federal Housing Finance Agency
by Lillian Dickerson Oct 26
Other iBuyers saw the signals and made adjustments while Zillow kept on buying; either it missed the signs or proceeded anyway. Regardless, it’s a timely reminder that growing an iBuyer business is challenging
by Mike DelPrete Oct 19
74% of respondents to a National Apartment Association survey said HR, staffing and recruitment issues were one of their top 3 challenges this year
by Lillian Dickerson Oct 18
Pending home sales finally saw some positive growth in August, following two consecutive months of declines in June and July, the National Association of Realtors reported
by Lillian Dickerson Sep 29
A number of short-term rental markets saw a slowdown in August due to families going back to school and the spread of the Delta variant, but those factors aren't impacting fall and winter bookings
by Lillian Dickerson Sep 27
Sales of newly built single-family homes hit a seasonally adjusted annual rate of 740,000 in August 2021, up 1.5% from the revised July rate, according to the US Census Bureau
by Lillian Dickerson Sep 24
Existing-home sales declined 2% between July and August to a seasonally adjusted annual rate of 5.88M, with all geographical regions in the US seeing monthly and annual declines
by Lillian Dickerson Sep 22
Privately owned housing starts beat expectations in August while single-family starts declined by nearly 3%, according to data issued Tuesday by the US Census Bureau
by Lillian Dickerson Sep 21