What do fast-cooling markets have in common? These 5 offer a hint
In some of the nation's most quickly slowing housing markets, the number of new listings is twice the number of recent sales, according to an analysis by SmartAsset
by Daniel Houston Oct 10
Agent Outlook: Know the market so that you can translate the market
Opinion
Being able to crunch the numbers and speak about trends allows you to better interpret market movements for leads and clients in your area
by Eric Forney Oct 10
10 essentials for effective negotiating in today's market
The past 2 years in real estate were like a party that just kept going. Here's how to navigate what's next
by Cara Ameer Oct 10
Opendoor, Offerpad, Redfin shares hit all-time lows on Wall Street
Shares in Opendoor, Offerpad and Redfin all just hit all-time low prices. The milestones come after months of declines for companies across the real estate space
by Jim Dalrymple II Oct 7
Homebuyers show signs of pulling back as mortgage rates move again
Tour requests to Redfin agents fell 7% and mortgage applications declined 13% during the week ending Oct. 1. 'Mortgage rates well over 6% are spooking homebuyers,' Redfin says
by Ben Verde Oct 7
Real estate jobs hold strong even as sales slip, summer ends
Real estate hiring bucked seasonal expectations for September, reflecting steady payrolls despite a weakening sales environment, according to new data from the US Bureau of Labor Statistics
by Daniel Houston Oct 7
What our Peloton obsession has in common with the US housing boom
Opinion
Like the rise and fall of Peloton, which announced 500 layoffs Thursday, America's geographic reshuffling has ended with high interest rates further squelching demand, Brad Inman writes
by Brad Inman Oct 7
Not just a coastal thing: 7 inland cities most altered by remote work
Some cities have seen work-from-home policies persist well beyond the pandemic's first year. See the places most transformed by remote work, according to the Economic Innovation Group
by Daniel Houston Oct 7
What's a 'tornado housing market?' Hint: You might be in one right now
Coldwell Banker Warburg President Frederick Warburg Peters coined the term to describe a phenomenon where 1 home trades hands briskly while a similar property nearby languishes
The most advantageous time to buy a home is right now, new data shows
The housing market's summer rush may have lessened the impact of a deep drop in demand, according to new data from Attom. But what will happen in the historically slow months of fall?
by Daniel Houston Oct 5
Mortgage applications hit 25-year low as rates, hurricane kill demand
After hitting 2022 highs last week, a weak hiring report released Tuesday by the Bureau of Labor Statistics has been helping to bring mortgage rates back down
by Matt Carter Oct 5
Homebuyers, lenders increasingly wise to flood risk: Zillow
Mortgage applications were more likely to be denied by lenders or withdrawn by homebuyers in census tracts where a higher share of buildings was at risk of future flooding
by Daniel Houston Oct 4
In 3 months, spending on new home construction fell by 9%
August numbers show spending on new single-family homes dropped to a seasonally adjusted annual rate of $436B, a 2.9% fall from July, according to US Census Bureau data released Monday
by Daniel Houston Oct 3
Too big an ask? Homesellers struggle to find the right comps
The home that sold down the street a few weeks ago might not be a good guide for how to price yours, according to new data from Redfin
by Daniel Houston Sep 30
Knock on wood: Cost of lumber drops back to pre-pandemic levels
Lumber futures have fallen back to where they were before the pandemic ignited a boom in housing and stretched supply chains to the limit, according to data compiled by Nasdaq
by Daniel Houston Sep 30
Buyers' market now expected by end of 2023, economists predict
From a panel of 107 experts surveyed by Zillow, a majority agreed that rising mortgage rates are driving down competition among buyers, which will eventually result in a buyers' market
by Ben Verde Sep 29