Redfin CEO Glenn Kelman on Wednesday told MarketWatch that current transaction levels — sustained primarily by people who absolutely need to move — are about as low as they ever get
The Fed has raised interest rates to fight inflation in the past. A new Intel analysis illuminates the data behind the 'rate lock' of the early 1980s and how long it took home sales to eventually recover
Prices rose 0.7% from April to May after adjusting for increases typically experienced in spring, according to estimates released Tuesday by CoreLogic and the Federal Housing Finance Agency
With sales down and inventory low, agents are combing social media, calling expireds and seeking out people with major life milestones. In other words, they're meeting the moment with creativity
Existing-home sales fell to a seasonally adjusted rate of 4.16M as the median sales price climbed to $410K, or just 0.9% below the highest median recorded by the National Association of Realtors
Buyers have been holding out for a 5.5% rate — but they may need to adjust their expectations, Maegan Sherlock, a senior research analyst for John Burns Research and Consulting, tells Intel
Compass CEO Robert Reffkin revealed on CNBC how volatile mortgage rates are sidelining homesellers and why a boost in existing-home inventory could happen as early as December
The National Association of Realtors recorded 408,000 sales of existing homes in May. Before the pandemic, that number was closer to 530,000
New data from the US Census Bureau shows a jump in new-home sales as existing-home inventory continues to be in short supply
Economic headwinds and booming interest rates pushed sales down by 3.4% in April as inventory soared 7.2% above March, according to National Association of Realtors data released Thursday
Existing-home sales fell 2.4% in March to a seasonally adjusted annual rate of 4.44M — 22% lower than a year earlier, according to data released Thursday by the National Association of Realtors
In total, the company cut 560 positions, according to a statement Opendoor provided to Inman. The cuts, which were announced internally Tuesday morning, mostly focused on operations roles
Existing-home sales surged 14.5% in February, reversing a yearlong trend of falling transactions from one month to the next, according to data Tuesday by the National Association of Realtors
Economic downturn could put a damper on a promising start to the spring homebuying season, but set the stage for mortgage rates to ease and sales to rebound in 2024, Fannie Mae predicts
US existing-home sales slid 0.7% between December and January to a seasonally adjusted annual rate of 4M, according to new data released Tuesday by the National Association of Realtors