Existing-home sales rose 9.5% amid winter inventory boost
Existing-home sales decreased 3.3% annually in February, according to the National Association of Realtors. However, sales did improve 9.5% from January — signaling that recovery won't be linear
by Marian McPherson Mar 21
Biden proposes $5K tax credit for first-time buyers in SOTU address
The set of new housing initiatives also includes a 1-year tax credit of up to $10K to households that sell their starter home. NAR applauded the president's commitment to aiding the industry
Location, location, location? Price eclipses previous buyer priority
56% of consumers surveyed by Coldwell Banker said that price is the most important factor for them when choosing a home, casting doubt on the belief that location is everything
Warren Buffett: 'You want a bad number' to get good market news
The Berkshire Hathaway CEO said fewer housing starts can lay the foundation for a more balanced market. His company's recent investments in homebuilders show commitment to that principle
by Lillian Dickerson Feb 29
New-home sales off to a roaring start with record January bump
Loan applications for new-home purchases were up 19% from a year ago, according to a survey of builders by the Mortgage Bankers Association that's been an accurate predictor of trends
by Matt Carter Feb 16
A recovery in new listings is easy to miss — but it may be underway
Winter is always slow, but new listings have been trending toward normal levels in recent months, according to a new Intel analysis of US homes for sale. Lower rates may only speed up the process
by Daniel Houston Feb 5
Rate drop leads to 3rd consecutive month of listing gains
Active and new listings experienced single-digit increases for the 3rd consecutive month in January, according to Realtor.com's latest market report
by Marian McPherson Feb 2
Tale of 2 housing markets will linger into 2024, Zonda economist warns
With listings still in short supply, homebuyers are 'dealing with an affordability shock' and new homes will play an outsize role in housing markets, Zonda Chief Economist Ali Wolf said at ICNY
by Matt Carter Jan 26
Talk and tech tools to help agents thrive in 2024
Tech and team leaders who spoke at Agent Connect on Tuesday stressed how agents can think outside the box to provide solutions for themselves, their clients and other agents in the industry
by Lillian Dickerson Jan 24
Ryan Serhant: Real estate has a big problem with chasing trends
The star broker said at Inman Connect New York Tuesday that the industry hasn't fundamentally improved enough, which makes him fear the past's mistakes will be repeated
by Jim Dalrymple II Jan 23
Survive real estate by combatting indecision, inventory, interest rates
Indecision, inventory and interest rates are the biggest challenges COO Stephen Meadows sees coming in 2024. Here's how companies and agents can face them and thrive
by Stephen Meadows Jan 23
NAR enrollment fell in 2023. Here's where membership rose — and why
NAR membership declined by 1.4% in the 12-month period that ended in October, with state-level enrollment hewing closely to local housing metrics, according to a state-by-state analysis by Intel
by Daniel Houston Dec 6
Hallelujah! Finally, some good news about the real estate market
You loved last week's good news on mortgage rates, and this week brought even more smiles to real estate agents and brokers
by Christy Murdock Dec 1
Zillow predicts a 'breather year' for homebuyers in 2024
Homebuyers will have slightly more homes to choose from at slightly more agreeable prices in the new year, according to the portal's 2024 forecast
by Ben Verde Nov 30
Home inventory finally showing signs of life in November
There were 7.5% more homesellers listing their homes in November 2023 than in November 2022, according to Realtor.com, with total inventory up as well, ending a 4-month slide
by Ben Verde Nov 30