After a decade of uninterrupted rise, Zestimates are dropping
'While July’s housing market data update is big news, and could get first-time buyers’ hopes up, the future is unlikely to bring meaningful improvement to housing affordability,' Zillow says
by Daniel Houston Aug 18
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
More people than ever ask Google: ‘Will the housing market crash?'
Interest in the housing market has peaked on Google, with searches for whether a crash is imminent shooting up. The spike suggests homeowners are nervous about their market timing
by Daniel Houston Aug 10
Home prices down from peaks in quarter of nation's top 50 markets
Falling sales are driving inventory growth, but it will take more than a year at the current rate for listings levels to get back to normal, according to Black Knight's latest monthly Mortgage Monitor Report
by Matt Carter Aug 1
Realtor income rose by double digits in 2021: NAR
The trade association's 2022 report finds that the median gross income for Realtors overall grew 25.3% last year, but the increase was smaller for sales agents
by Andrea V. Brambila Jul 28
NAR chief economist: Don't expect big changes in mortgage rates
Speaking at NAR's Real Estate Forecast Summit on Wednesday, Chief Economist Lawrence Yun said 'inventory is turning' and the housing market is heading back toward a pre-COVID normal
by Andrea V. Brambila Jul 28
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
Home sales fall for 5th month as median prices hit record high
Sales of existing homes ticked down 5.4% between May and June, falling 14.2% from a year ago, as median prices rose to $416,000, according to the National Association of Realtors
by Ben Verde Jul 20
Inflation is hitting migration hotspots hardest, new study says
Q2 Consumer price growth exceeded 10% year over year in Phoenix, Atlanta, Miami and Tampa — each of which had among the nation’s strongest net inflow of interest in moving
by Daniel Houston Jul 19
The 10 most stable housing markets in the United States, ranked
The US housing market and economy at large have endured a blizzard of rising home prices and climbing mortgage rates. But take shelter from the storm with these financially sound markets
by Lillian Dickerson Jul 19
The run-up of single-family rental prices paused in May: report
The jump in May was still well above the historical average, but it was the first time in 14 months that it hadn't accelerated over the month before
by Taylor Anderson Jul 19
Real estate agents should be 'chief economists' for their clients
Armed with knowledge of market trends, agents can earn sellers' trust and have more leeway to set strategy, top brokers said at Inman Connect Now on Thursday
by Daniel Houston Jul 14
All the glamour in store for guests at Inman Luxury Connect 2022
Big names attending Luxury Connect are itching to share their secrets with the rest of the Inman community. Read on for the details of what's in store for attendees Aug. 2-3.
by Lillian Dickerson Jul 13
Interest rate hikes keep Miami the least affordable city in the nation
Buyers would have to spend 86% of their income to afford the $600,000 median home price, according to new research released Monday from RealtyHop
by Taylor Anderson Jul 12
Short-term rental market balancing out after rush of supply
'Our expectation is that demand will grow at 5.7% for the year, about a quarter of the growth rate in 2022,' AirDNA says in its 2022 mid-year outlook
by Taylor Anderson Jul 11