In a year of sky-high demand, existing-home sales recorded a banner year with the sale of 6.12 million units and an 8.5% surge from 2020, according to the National Association of Realtors
Agents remain optimistic 2 years into the pandemic as the market waits to see who breaks first: buyers or sellers. Buyers, meanwhile, continue to pay record prices. Will the surge continue?
Magna? Chalco? Mauldin? Realtor.com rounded up the best markets for first-time homebuyers in 2022 and found that the best housing markets for first-time buyers are under the radar
The median sales price, meanwhile, soared 13.9% year over year in November as inventory plunged 13.3%, according to data released Wednesday by the National Association of Realtors
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
Opinion
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
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
A recent survey of thousands of buyers and sellers found they overwhelmingly work with agents, even as their attitudes have shifted
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
Opinion
This move that has significant implications for the real estate industry. Here's why
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
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
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
Opinion
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
74% of respondents to a National Apartment Association survey said HR, staffing and recruitment issues were one of their top 3 challenges this year
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
