Number of cities with $1M starter homes balloons 174% from 2020
From 2020 to 2025, the number of cities with $1M starter homes has grown from 85 to 233. Such cities were spread across 25 states; California and New York had the highest concentration
by Marian McPherson Apr 24
Record down payments reveal a divided housing market
According to a new report from Realtor.com, the national average down payment hit 14.4% and $30,250 in Q4. The biggest gains came from the Northeast and Midwest
by Richelle Hammiel Apr 9
Gary Keller says agents must accept 'easy deals' are dead
At Keller Williams' annual Family Reunion, franchise co-founder Gary Keller said 2025 won't be any better than 2024, but agents can thrive if they use market headwinds to their advantage
by Marian McPherson Feb 18
Home prices hit record high in November despite cooling demand
In November, the Federal Housing Finance Agency and the CoreLogic Case-Shiller Indexes recorded annual gains of 4.2% and 3.8%, respectively, according to new data released Tuesday
by Richelle Hammiel Jan 28
DelPrete: Guard yourself against 'propaganda' in real estate data
The real estate tech strategist laid out how companies often use accurate data to present skewed conclusions — and what real estate professionals can do to spot it
by Daniel Houston Jan 23
Home tours are on the rise — but buyers aren't making offers
Homebuyers began the new year with more home tours; however, Redfin says elevated mortgage rates have stopped them from signing contracts
by Marian McPherson Jan 9
Rates blamed again as US home price growth stalls in third quarter
Home prices continued to rise in September, albeit at a more sluggish pace, according to dueling reports released Tuesday by the Federal Housing Finance Agency and the S&P Dow Jones Indices
by Richelle Hammiel Nov 26
US home prices rise modestly amid affordability strains
US home prices were up in August, with both the Federal Housing Finance Agency (FHFA) and S&P CoreLogic Case-Shiller Indices recording a 4.2% annual gain
by Richelle Hammiel Oct 29
Home prices remained relentless in July, even as growth slowed
Home prices continued to break records in July, according to reports released by S&P Dow Jones and FHFA on Tuesday. Some economists said lower rates may fuel demand, pushing prices higher
by Lillian Dickerson Sep 24
How much is a typical luxury home? $750K in Buffalo, $5.3M in Cali
For about the last 4 years, home price growth in the overall market outpaced growth in the luxury sector every month. But since January 2024, that trend has reversed, Zillow reported
Summer slump sees buyers back out of deals at record rates
Rising home prices and mortgage rates, and sticker shock from surprise housing costs, pushed buyers to cancel 56K home-purchase agreements in June, according to Redfin
by Marian McPherson Jul 23
Housing market bubble ready to 'pop' in the South, analyst warns
Nashville-based analyst Nick Gerli sparked a social media firestorm with claims of a bubble. But economists dismissed fears, saying the area is home to some of the 'most normalized' markets
by Marian McPherson Jul 17
Median sales prices rise for 9th week despite slowing demand
Amid slowing homebuyer demand, the US median sales price rose to an all-time high of $397,482 at the beginning of July. However, Redfin says a slowdown may be on the way
by Marian McPherson Jul 11
Want a life of luxury? The 10 cities where it's a relative bargain
Some luxury markets, especially in dense, pricey coastal cities, have seen little price growth since the pandemic because residents fled those places once they had the option to work remotely
by Lillian Dickerson May 31
Compass CEO Robert Reffkin says the luxury market is back
During his latest CNBC appearance, Compass CEO Robert Reffkin said recent stock market gains have led to a resurgence in luxury sales
by Marian McPherson May 24