Existing-home sales fall to slowest pace since 2009 amid rising costs
Existing-home sales dropped by 5.9% from February and by 2.4% from March 2024 as homebuyers continued to deal with affordability challenges, said NAR Chief Economist Lawrence Yun
by Lillian Dickerson Apr 24
real estate economist
Windermere Economist Jeff Tucker looks at how a combination of tariffs, economic uncertainty, and rebounding interest rates may cause both buyers and sellers to hunker down for now
by Jeff Tucker Apr 21
Home price appreciation seen as cooling as inventories grow
Experts surveyed by Fannie Mae expect national home prices to slow to 3.4% this year. Median list prices are down by 10% or more from a year ago in 69 markets
by Matt Carter Apr 15
Record down payments reveal a divided housing market
According to a new report from Realtor.com, the national average down payment hit 14.4% and $30,250 in Q4. The biggest gains came from the Northeast and Midwest
by Richelle Hammiel Apr 9
Agents grow more discontented with their profession, and with NAR
A new survey shows that fewer agents want to recommend their job to others and that, in the wake of NAR's commission lawsuit settlement, more are dissatisfied with the trade group
by Jim Dalrymple II Apr 2
Bay Area, NYC buyers drive bidding wars as market shifts loom
In 8 of the nation's largest metros, there was an uptick in homes that sold above asking price last month -- half of those metros in the Bay Area or New York, according to a Redfin report
by Richelle Hammiel Apr 1
real estate economist
Windermere Real Estate Principal Economist Jeff Tucker looks at active listings, inflation and mortgage rates, which spell out 'a recipe for pretty good shopping conditions for buyers'
by Jeff Tucker Mar 20
Florida housing market hits record inventory, Redfin says
At the end of January, there were 172,209 homes on the market — the most Florida has ever seen. That's a 22.7% jump from last year, according to Redfin's data analysis
by Richelle Hammiel Feb 28
real estate economist
This week, Windermere Real Estate Principal Economist Jeff Tucker shares how inventory serves as a leading indicator for the 2025 market
by Jeff Tucker Feb 19
Homebuyers remain sidelined despite more listing options
Over the 4 weeks ending Feb. 2, new listings across the US have jumped 7.9% from last year to 76,194, the largest increase since late 2024, according to Redfin's analysis
by Richelle Hammiel Feb 6
Former HUD Secretary: We need big ideas on affordable housing
At her first ICNY appearance, former HUD Acting Secretary Adrianne Todman talked about missed opportunities to improve inventory and the lack of will for solving affordability challenges
by Marian McPherson Jan 24
Economists no longer expect big drop in mortgage rates this year
Elevated rates chill the prospects of a 2025 sales rebound from the lowest level in 30 years, as many would-be homebuyers and sellers would stay on the sidelines: Fannie Mae
by Matt Carter Jan 24
Wasted spaces, bad odors, crazy colors: 9 buyer turnoffs to avoid
In this market, many buyers are moving on to the next one when they see flaws, agent Jonathan Pressman writes. Use this list to avoid the ick factor and get deals done
by Jonathan Pressman Jan 14
25 predictions about NAR, CCP, commissions and more for 2025
From Hoby Hanna to Anywhere's Sue Yannaccone, real estate leaders are cautiously optimistic about the new year, telling Inman the worst of 2024's tumult may be fading in the rearview mirror
5 real estate predictions for 2025 from the NAR economic summit
A remodeling 'supercycle,' heartache for first-time homebuyers and heightened activity in the South and Midwest were among the possibilities at NAR's Real Estate Forecast Summit Thursday
by Marian McPherson Dec 12