Existing-home sales soar to highest level since 2006
Total existing-home sales climbed 10.5% from the year prior in August, according to data released Tuesday by the National Association of Realtors
by Patrick Kearns Sep 22
Beyond the headlines: Builder sentiment record high
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner digs deeper into last week's economic announcements on retail sales, consumer sentiment, building permits and more
by Matthew Gardner Sep 22
Average homeowner gained $9,800 in equity this year
But the gains are not expected to last as effects of the coronavirus pandemic begin to show on the housing market, according to a new CoreLogic report released Monday
Fires haven't extinguished buyer activity in the Bay Area
Compass' latest Bay Area market analysis shows strong buyer activity despite recent wildfires, with listings under contract declining only 3%
by Marian McPherson Sep 18
Redfin: Homes are selling like hot cakes in swing counties
According to Redfin's latest market analysis, the home sales pace is growing fastest in swing counties as urban homebuyers migrate to suburban locales
by Marian McPherson Sep 18
Over 11M households struggled with rent and mortgages this spring
Renters were much more likely than homeowners to struggle with monthly payments, according to a new Mortgage Bankers Association report
Builder confidence reaches historic all-time high in September
The National Association of Home Builders and Wells Fargo Housing Market Index jumped 5 points to 83 in September, an all-time high for the index since the series began in 1985
by Lillian Dickerson Sep 18
With virtual learning, rents in college towns are falling fast
Two million more college-age Americans are living with their parents or grandparents instead of renting, according to new data from Zillow released Thursday
Annual home price growth blasts to highest level since 2014
According to Redfin's latest report, booming buyer demand caused by low interest rates and continuing inventory shortages are responsible for the climb
by Marian McPherson Sep 17
The majority of young adults now live at home with their parents
For the first time since the Great Depression, the majority of young adults are living with their parents, according to a Pew Research Center analysis of US Census Bureau data
by Lillian Dickerson Sep 17
Single-family home construction increased from last month
Although housings starts, permits and completions all declined from July, Thursday provided some good news for an inventory-starved industry in the single-family home sector
by Patrick Kearns Sep 17
House flipping rates decline while profit margins rise across the U.S.
The climbing profit margins are a reflection of how home prices have continued to stay steady, and even increase in some areas, during the pandemic
by Lillian Dickerson Sep 16
These 10 housing markets are poised for serious trouble
A new study by GoBankingRates looks at the top US cities most likely to see a poor housing market in the near future
Keller Williams president: '50% of your database is in jeopardy'
Keller Williams President Josh Team shared exclusive insight from Google that shows why there's so much market share up for grabs right now and how agents can take advantage
by Patrick Kearns Sep 16
Mortgage applications decline
The volume of mortgage applications declined 2.5% for the week ending Sept. 11, 2020, according to the Mortgage Bankers Association's weekly survey, released Wednesday
by Lillian Dickerson Sep 16
Gary Keller: 'We’re going to have a year or two of tough'
The Keller Williams CEO and co-founder outlined the two stages of 'what's next' for the housing market during a virtual company conference
by Patrick Kearns Sep 15