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
Gary Keller: The current market is 'the most confusing I've ever seen'
At Keller Williams' annual Mega Camp conference, founder Gary Keller prepared agents for a rough 2023 as slowing home sales and other economic factors push everyone to the brink
by Marian McPherson Aug 23
5 overlooked home markets poised to keep rising in value in 2023
A housing slowdown is underway throughout much of the country. But these 5 local markets may be positioned to weather the storm, according to new data from Moody's Analytics
by Daniel Houston Aug 15
Home price growth is scaling back, but not everywhere at once: NAR
Single-family homes saw a double-digit annual rise in sale prices in 148 of 185 metro markets in Q2, but overall numbers point to a housing market in opening stages of a cooldown, report says
by Daniel Houston Aug 11
The 10 housing markets primed to pop during a recession
Florida and California are most at risk of experiencing a housing downturn during a recession, according to Redfin. Both states saw exorbitant growth during the pandemic-fueled buying rush
by Marian McPherson Jul 27
Home price growth reached point of sustained slowdown in May
Mortgage rates began to take a toll on price growth as early as this spring. But prices remained more resilient than other market indicators, according to the S&P Corelogic Case-Shiller Index
by Daniel Houston Jul 26
'Sellers are starting to freak out:' Redfin CEO sees market slowdown
During his latest CNBC appearance, Redfin CEO Glenn Kelman said rising mortgage rates, softening home price growth and changing buyer attitudes are all signs of an impending shift
by Marian McPherson May 27
Pacaso responds to backlash with first-ever economic impact report
Almost a year after streamlining its buy box to avoid median-priced homes, co-ownership platform Pacaso claims it has had a net positive impact on the destinations it operates in
by Marian McPherson May 18
Secondary markets drove home price growth in Q1: NAR
The National Association of Realtors' latest quarterly housing market report revealed buyers' search for cheaper housing led booming home price growth in Florida and other smaller markets
by Marian McPherson May 3
Millennials ditching starter homes will lead summer inventory boost
Realtor.com's latest housing report revealed 64% of homesellers plan to list their homes by October. Millennials are primed to lead the charge as they ditch starter homes for bigger abodes
by Marian McPherson Apr 6
Hurry up or wait: The big question on every buyer's mind this spring
Just as homebuyers have learned to navigate soaring prices, sinking inventory and bidding wars, the housing market has reached a new level of madness. Will it all boil over this spring?
by Marian McPherson Mar 14
Home price growth eased up in Q4 but not enough to help buyers: NAR
Although the annual median home price growth slowed from 15.9% in Q3 2021 to 14.6% in Q4, homebuyers still struggled under the weight of booming sales prices, according to NAR Q4 data
by Marian McPherson Feb 10
More agents are fighting for fewer homes: Here's how to rise to the top
The real estate industry is becoming more competitive, with NAR enrolling a record number of agents in 2021 and inventory dipping below 1M. Four brokers share how to survive choppy waters
by Marian McPherson Jan 24
Housing costs will be 'permanently higher' following pandemic: Study
As home prices normalize and rental prices rebound from the height of the pandemic, OJO Labs warns buyers and renters should prepare for a housing market with 'permanently higher' prices
by Marian McPherson Jan 6
Sellers are banking on red-hot buyer demand this fall: realtor.com
Realtor.com's latest study revealed 65% of homesellers are planning to sell in the next 6 months, as they're seeking to take advantage of strong seller's market before the tide turns
by Marian McPherson Nov 12