inventory crisis
Prices increased 1.5% from July to August according to Federal Housing Finance Agency data, the largest increase since 1991
by Patrick Kearns Oct 27
Sluggish in early summer, home price growth accelerates in August
August's home price index was the largest in 2 years, according to the S&P CoreLogic Case-Shiller US National Home Price NSA Index
by Patrick Kearns Oct 27
Multitudes of Americans considering leaving US after election
Redfin found that 16% of Americans would consider leaving the country if their preferred presidential candidate loses in November. That's up from just 9% four years ago
by Jim Dalrymple II Oct 26
Why Keller Williams must go public
Opinion
This year, 4 of the largest real estate companies — Zillow, Compass, Redfin and Realogy — collectively raised a staggering $1.87B. For now, Keller Williams is on the outside looking in
by Brad Inman Oct 26
New residential home sales increase 32%
Sales of new residential homes were up 32% year over year, according to data released Monday by the US Census Bureau
by Patrick Kearns Oct 26
Historically low inventory threatens pending-home sales: Zillow
The housing market has been ablaze since the summer, but a lack of homes on the market is finally slowing pending-home sales, according to a weekly market report from Zillow
by Patrick Kearns Oct 23
62% of homeowners support low-income housing in their neighborhood
According to Redfin's latest survey, a majority of Americans embrace low-income developments in their neighborhood; however, concerns still abound
by Marian McPherson Oct 22
Sales of homes in the Hamptons priced above $5M skyrocket 291%
The median sales price in the beachfront community surged 40%, to $1.2M, compared to the same time last year, according to a new report from brokerage Douglas Elliman
by Lillian Dickerson Oct 22
Inventory hits record low
As year-over-year existing-home sales soared 21% in September, inventory dropped to a 2.7-month supply, according to data released Thursday by the National Association of Realtors
by Patrick Kearns Oct 22
Home price gains continue to climb in third quarter
A new report from Attom Data Solutions found that 77% of metros analyzed posted double-digit annual home price gains
by Lillian Dickerson Oct 21
Mortgage purchases forecasted to set a record in 2021
The Mortgage Bankers Association on Wednesday predicted that purchase origination volume would grow 8.5 percent year over year to a new record of $1.54 trillion in 2021
by Patrick Kearns Oct 21
Could COVID-fueled mass migration impact the presidential election?
People moving from California to Nevada and Arizona is leading to a surge in registered Democrats in both states, according to a study released Tuesday by Redfin
by Patrick Kearns Oct 20
Spurred by builder confidence, housing starts rally in September
Privately owned housing starts rose to a seasonally adjusted annual rate of 1.41M, up 1.9% from an August estimate, according to data released Tuesday by the US Census Bureau
by Lillian Dickerson Oct 20
Single-family rent prices on the rise again: CoreLogic
In August, rent prices rose 2.1% across the US, the first time prices rose more than 2% since the start of the pandemic
Beyond the headlines: 83% of consumers not worried about job loss
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner digs into the numbers of the latest Home Purchase Sentiment Index
by Matthew Gardner Oct 20
Affordability trumps wildfire risk for homeowners on West Coast
According to Redfin's latest study, homebuyers are choosing affordable areas with higher wildfire risk as demand and home prices heat up in low-risk areas
by Marian McPherson Oct 19