US home price growth accelerates in January at fastest pace since '22
The S&P Core Logic Case-Schiller National Home Price Index tallied a 6% annual increase in January, reaching its fastest annual rate in more than a year, according to data released Tuesday
by Lillian Dickerson Mar 26
Home prices hit high in December as 'solid, steady growth' wins out
Home prices rose 5.5% on an annual basis in December, up from 5% in November, according to dueling data released Tuesday by S&P Global and the Federal Housing Finance Agency
by Ben Verde Feb 27
Pending home sales climb to 2023 high following months of declines
Pending home sales rose 0.7% from June to July, reversing 7 months of declines. However, rising rates and home prices are poised to stifle sales growth into the fall, Redfin said on Friday
by Marian McPherson Aug 25
US home price growth plunges to lowest level in more than a decade
Annual home price growth fell below 2% for the first time since 2012 as high prices and mortgage rates continued to inhibit buyers and sellers, according to data released Tuesday by CoreLogic
by Ben Verde Jul 11
82% of Americans favor upzoning as fix for skyrocketing housing costs
Zillow's survey revealed overwhelming support for accessory dwelling units, duplexes, triplexes and other dense-housing complexes as housing costs have doubled from pre-pandemic levels
by Marian McPherson Jun 1
A squad of economists is waging a stealth war on America's '30% rule'
The Brooke Amendment — a law otherwise known as 'the 30% rule' that has shaped US housing policy since the 1960s — is in the crosshairs as spending on real estate soars to record heights
by Marian McPherson May 31
Compass CEO: Buyers will deal with higher rates. Sellers? Not so much
During his latest CNBC appearance, Compass CEO Robert Reffkin outlined the catch-22 of higher mortgage rates and why early pandemic boomtowns are facing a devastating bust
by Marian McPherson Apr 21
Price growth slowdown continued in December as mortgage rates peaked
Home price growth fell 0.4% between November and December, while year-over-year single-family price growth dropped to 6.9%, according to new data released Tuesday by CoreLogic
by Ben Verde Feb 7
Glenn Kelman calls millennials 'the roommate generation'
In an appearance on 'Barron's Live,' Redfin's CEO explained how rising mortgage rates have trapped homeowners and homebuyers into a housing purgatory, tough for anyone to make a move
by Marian McPherson Jan 12
Home prices dropped in September for third straight month
The S&P Corelogic Case-Shiller Home Price Index reported a 10.6% annual gain in home prices during September, down from the previous month when they increased 12.9%
by Ben Verde Nov 29
Phoenix, Arizona
Median home price growth has slowed the fastest in Austin, Phoenix and San Jose, with fellow pandemic boomtowns Las Vegas and Boise also seeing significant slowdowns
by Ben Verde Nov 28
Prices will fall in 2023. But savings will be negligible due to headwinds
Home prices could fall by 8%, but rising mortgage rates and a 'mild recession' will blunt the savings in buyers' pockets, according to Capital Economics' new US Housing Market Outlook
by Marian McPherson Nov 17
Luxury home sales plunge to 10-year low, surpassing COVID levels
Luxury home sales in the US dove by 28.1% year over year during the 3 months ending Aug. 31, 2022 — eclipsing the 23.2% drop in luxury sales at the height of the pandemic, Redfin data shows
by Lillian Dickerson Sep 22
This is the best time for homebuyers' agents to lock in a deal this fall
Realtor.com's 'Best Time to Buy' report revealed Sept. 25 to Oct. 1 is the best time for buyers to seize early-season savings as rising mortgage rates and booming inflation clobber demand
by Marian McPherson Sep 14
Buyers are leaning on contingencies to bail out of deals, Redfin CEO says
During his latest appearance on CNBC, Redfin CEO Glenn Kelman shared how buyers and sellers are locked in a battle of the wills as the market slowly shifts in buyers' favor
by Marian McPherson Sep 1