Mauricio Umansky and globe
'The key takeaway is this,' CEO Mauricio Umansky said of this year's report. 'Housing remains a primary investment for the world’s most affluent citizens and a safe hedge against inflation'
by Lillian Dickerson Jan 19
Mortgage rate swing created 'more normal' market in December
Slowing mortgage rate growth impacted homebuyers and sellers in different ways in December, according to Zillow's latest market report.
by Marian McPherson Jan 19
The Real Word's predictions for the 2023 market
Opinion
This week, Byron Lazine and Nicole White are talking about the end-of-year Case-Schiller update, the Twitter account real estate agents should be following, the marketing trends that won't make it into 2023 and the pitfalls of quiet quitting
by Byron Lazine Dec 30
The 2023 housing market: A real estate 'reckoning is at hand'
Economists and other housing experts predict the market will be more balanced among buyers and sellers. Home prices won't change much while mortgage interest rates will continue to dip
by Andrea V. Brambila Dec 28
New-home sales continue modest rise — but market 'lull' lies ahead
New-home sales rose 5.8% to a seasonally adjusted rate of 640,000, according to data released Friday by the US Census Bureau and Department of Housing and Urban Development
by Ben Verde Dec 23
NAR chief economist predicts 'strong rebound' in 2024
Lawrence Yun said home prices will rise 1% and sales will dip 7% next year before recovering in 2024, in contrast to a Fannie Mae forecast last month that predicted falling prices next year
by Andrea V. Brambila Nov 14
3 in 10 homes on market are newly built, the highest share in decades
A home for sale today is nearly twice as likely to be newly built than in 2019 as a glut of unsold projects reaches the market, according to a new report from Redfin
by Daniel Houston Nov 8
October saw active listings grow even as new homesellers declined
The month saw active listings grow at a rapid pace even as new homesellers declined annually for the fifth straight month, falling 15.9%, according to a report
by Ben Verde Nov 3
Redfin's Glenn Kelman has a theory on why housing prices are plunging
Investors, including iBuyers, that entered the housing market in 2020 and 2021 are at least partly to blame for the dramatic price correction playing out in 2022, Kelman said in a new interview
by Ben Verde Nov 1
Stingy buyers? Angry sellers? Nurturing clients through a shift
Opinion
This month: After several consecutive years of a strong sellers’ market, an agent must help her clients accept a major market shift. What tools can her broker provide to enlighten these sellers who may have missed the 'peak,' but can still have an incredibly profitable sale?
by Anthony Askowitz Oct 31
Zillow's US home-value estimate drops for 2nd consecutive month
Zillow has lowered its assessment of home values nationwide as the market continues to muddle through an ongoing slowdown in real estate
by Daniel Houston Sep 19
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
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
What crash? Housing market may already be headed for a soft landing
In an Aug. 8 video to agents sure to cause a stir, Altos Research founder and CEO Michael Simonsen posits that the worst the industry may face is a contraction, not a crash
by Ben Verde Aug 10
Stalemate: Listings are lingering a little longer as housing market cools
The share of homes listed for 30 days or longer increased 12.5% in July compared to a year earlier, with 61.2% of homes now sitting on the market for a month or longer, according to Redfin
by Ben Verde Aug 9