Home-sale prices dipped in 11 metros as buyers show caution
As of April 20, home-sale prices fell across 11 US metro areas, marking the 1st time this many markets have seen YOY declines since September 2023, according to Redfin data
by Richelle Hammiel Apr 24
Homes are sitting longer and not just because of mortgage rates
As of March, the typical US home took 47 days to sell, the longest stretch in 6 years. Those longer stretches on the market tend to discourage competition, a Redfin report found
by Richelle Hammiel Apr 17
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
REX loses appeal in long-running lawsuit against NAR, Zillow
Judges rule the now-defunct real estate brokerage did not provide evidence of 'concerted action' between NAR and Zillow and that the no-commingling rule was 'in fact' optional
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
Homebuyers gain leverage as sellers cut prices: Zillow
In January, almost 23% of sellers reduced their listing price — the highest percentage for any January since 2018, according to a new analysis by Zillow
by Richelle Hammiel Feb 12
Anxiety over mortgage rates, rent and home prices begins to mount
Inflation expectations surged after President Donald Trump announced plans to impose tariffs on goods from China, Canada and Mexico, a new University of Michigan survey of consumers finds
by Matt Carter Feb 10
Inventories on track to normalize in 40% of US markets this year
After growing by 22% last year, inventory is 'a bright spot for a market that’s been dealing with deep deficits in recent years,' according to ICE Mortgage Monitor report for February
by Matt Carter Feb 4
Climate change reshapes real estate, putting $1.5T in value at risk
Climate change has shaken up the US real estate market, with buyers no longer simply seeking better quality of life or affordable housing — but also considering climate risks before purchases
by Richelle Hammiel Feb 4
Dark Matter charts its own course under Constellation Software
Mortgage tech company carved out of ICE's Black Knight acquisition has signed new clients, expanded its product lineup, and announced plans to transition to a new CEO in April
by Matt Carter Dec 4
Back-to-back storms tank pending home sales in Florida
Pending home sales in key Florida markets fell by the double digits in October and November, as the aftereffects of hurricanes Helene and Milton stifle buyer activity
by Marian McPherson Nov 19
9 ways to protect yourself and your home when storms come
While we cannot control a storm’s trajectory or outcome, writes broker Cara Ameer, there are some things we can do to lessen the stress
by Cara Ameer Oct 18
More and more homes are languishing on the market
In August, nearly half of all US homes had been on the market for 60 days or more, according to Redfin. Days on market has ticked up as high rates have slowed sales
by Jim Dalrymple II Sep 25
Where listings are bouncing back — and where they're not: Intel
Agents are having very different experiences in the Midwest compared to the coastal South. Intel breaks down 2 years of Realtor.com data to get to the bottom of this split market
by Daniel Houston Aug 26
Homes are sitting on the market longer amid high costs: Redfin
Almost two-thirds of homes that were for sale in June had been listed for at least 30 days without going under contract. That figure is the highest share of any June since 2020
by Lillian Dickerson Jul 24