Real Estate Markets & Economy
Economists and other housing experts predict the market will be more balanced among buyers and sellers. Home prices won't change much while mortgage interest rates will continue to dip
As home price growth has slowed, mortgage payments have decreased and days on market have risen, homebuyers dip their toes back into the market, according to a new report from Redfin
New-home sales rose 5.8% to a seasonally adjusted rate of 640,000, according to data released Friday by the US Census Bureau and Department of Housing and Urban Development
Opinion
Ask your agents whether they believe your brokerage is a value-added commodity for them, or if your competitors look equally attractive
Home sales posted their biggest annual decline since Redfin started tracking the metric in 2012
Prairie Village, Kansas, on the Kansas-Missouri state line, was Zillow's most popular housing market in 2022, drawing high traffic and leading the site for daily page views, the portal revealed
Sales of existing homes in November fell 7.7% to a seasonally adjusted annual rate of 4.09M, according to data released Wednesday by the National Association of Realtors
It's a slow time of year for homebuying, so it's not surprising to Mortgage Bankers Association Chief Economist Mike Fratantoni that purchase applications didn't jump last week
Opinion
We are rolling into a new year whether you are ready or not. Here are 23 resolutions, unpopular opinions and hard truths that just might change your business in 2023
Housing starts fell 0.5% below October levels, to a seasonally adjusted rate of 1.43M, while completions rose 10.8% month over month, according to US Census Bureau data issued Tuesday
Fannie Mae economists not quite as gloomy about 2023 home sales outlook as mortgage rates retreat from 2022 highs and with potentially more room to ease
While December's data represented the 12th straight decrease in homebuilder sentiment, there is a 'silver lining.' The average price reduction was 8 percent, up from 5 or 6 percent, report says
Soaring mortgage rates, slagging sales, thousands and thousands of layoffs: The past 12 months have offered a jarring reminder that what goes up must come down
Being an expert in your market takes worth, but it's worth it. Make 2023 your opportunity to grow your expertise and your business
During a Connect Now session on Thursday, Zillow Senior Economist Dr. Orphe Divounguy predicted affordability will 'stabilize' in 2023, setting the stage for an increase in home sales
Matt Lionetti and Jason Cassity said during Inman Connect Now on Thursday that the market shift has been fast and furious, and agents must start stepping up their games to survive
50 basis points 'is still a historically large increase and we still have some ways to go,' Fed Chairman Jerome Powell warns after policymakers wrap up final meeting of the year