Half of homes on market are selling within 2 weeks, marking 1-year high
While homeowners are staying put out of reluctance to lock in higher mortgage rates, the few homes on the market are drawing competition, according to a report released Friday by Redfin
by Ben Verde Apr 28
It's getting harder to make money on a home sale: ATTOM
A report out Thursday shows that profit margins on home sales have fallen dramatically since their high points last year. In Q1 2023, the profit margin on a median-priced US home was 44.2%
by Jim Dalrymple II Apr 27
Home prices have stopped falling. But is it a reversal or a blip?
Two widely cited home price measures confirm that the price drops halted in the early weeks of 2023. But downward pressure on prices remains
by Daniel Houston Apr 25
The agent’s guide to learning a real estate market
Whether you’re a brand new agent or moving into a new area, here’s how to hit the ground running so that you can position yourself as the market expert
by Christy Murdock Apr 25
Home sales will be 'subdued' for rest of 2023, Fannie Mae projects
The housing sector's resilience to higher prices and mortgage rates has bolstered prices, but a lack of for-sale inventory is expected to limit sales, according to Fannie's latest monthly forecast
by Matt Carter Apr 25
Buying a home is hard. For first-timers, it's never been tougher
Homes in the lower tier of pricing are still 8% more expensive than at this time last year — and inventory has barely budged, according to a new analysis released Thursday by Zillow
by Daniel Houston Apr 20
Median home price tallies largest annual drop in more than a decade
Pandemic-era boomtowns and tech hubs fueled an annualized 3.3% drop, to $400,528, according to new data. 'There’s this fear that everything will crash,' reports one Redfin agent in Boise, Idaho
by Ben Verde Apr 19
The ‘Great Reshuffling’ is more complex than we realized
The dust has begun to settle from the great pandemic home-price boom and bust. An Intel deep-dive analysis sheds light on which markets have been hit hardest by falling prices — and why
by Daniel Houston Apr 19
Listing shortages kept prices from falling in Q1: Fannie Mae
Mortgage giant's quarterly Home Price Index shows national home prices were up 1% during the first quarter of 2023 compared to the final 3 months of 2022
by Matt Carter Apr 18
Poll shows most Americans still think it's a bad time to buy
Fannie Mae survey shows sentiment ticked up slightly in March with consumers becoming more confident about homeselling conditions and less worried about losing their jobs
by Matt Carter Apr 10
West Coast hit hardest as US home prices cool for 7th-straight month
Nineteen cities out of 20 tracked by the S&P CoreLogic Case-Schiller Index posted monthly declines in January, with the biggest decreases seen in San Francisco, Seattle and San Diego
by Ben Verde Mar 28
Monthly homebuyer payments just hit all-time high as spring arrives
The typical monthly payment rose to $2,563 this week despite home prices that were down 1%, according to data on Friday. That’s the highest monthly payment on record, up 29% from last year
by Taylor Anderson Mar 10
Luxury home purchases hit record low as buyers eye other investments
Luxury home sales fell 44.6% year over year, according to data released Friday by Redfin. Prices are nevertheless still high because inventory is so low, economists say
by Jim Dalrymple II Mar 10
Knock Home Swap
Fannie Mae's National Housing Survey shows Americans were feeling less secure about keeping their jobs in February, and nearly 8 in 10 think it's a bad time to buy a home
by Matt Carter Mar 8
Home price growth slows for 9th consecutive month in January
Annual home price growth dropped to 5.5% in the first month of 2023, but fell just 0.2% month over month, according to data released Tuesday as part of the CoreLogic Home Price Index
by Ben Verde Mar 7