COVID is transforming Palm Beach into a primary residence market
Paulette and Dana Koch say the pandemic has fundamentally changed the buyer composition in Palm Beach, with more buyers considering a primary home than ever before
by Lillian Dickerson Oct 12
'As good as it gets for homesellers': New median US home price record
Amid intense market demand and low inventory, the U.S. median home price hit a record high of $319,769 in the 4 weeks ending September 27, according to data from Redfin
September is no longer the best month to buy a home
Widespread low inventory and skyrocketing demand from cooped-up buyers has led to an unusually competitive fall homebuying season, according to a new realtor.com report
As new home sales soar, listings take a dip in August
New listings of newly constructed homes decreased 4.1% year over year to a seasonally adjusted rate of 74,000 in August, according to a report on Friday from Redfin
by Lillian Dickerson Sep 25
COVID-19 changed everything for California Realtors. Here’s how they adapted
'Every one of our priorities changed when COVID-19 hit,' said Dave Walsh, president-elect of the California Association of Realtors, during the group's WomanUP! virtual conference
Most buyers would blow their budget for the perfect home
A whopping 64% of prospective homebuyers said they'd spend more than originally planned for the perfect home, according to a survey by LendingTree
by Lillian Dickerson Aug 27
July pending home sales rise 5.9%
The increase sent the Pending Home Sales Index sailing to 122.1, marking the third month in a row of sales growth, according to the National Association of Realtors
by Lillian Dickerson Aug 27
Homes continue to sell fast amid incredibly low inventory
The number of homes that went under contract the week ending July 18, 2020 surpassed those of the previous week, with pending sales increasing by 10.9% week over week, according to Zillow's Weekly Market Report
by Lillian Dickerson Jul 24
Median home sale price reaches all-time high
The median home sale price in the US rose by 2.8% from the previous year in June, marking an all-time high of $311,300, according to Redfin
by Lillian Dickerson Jul 20
Inventory continues to fall in June
Housing inventory across the US was down 27.4% year over year, or approximately 363,000 fewer homes during the same period last year, according to realtor.com
Homes are flying off the market at their fastest rate in 2 years
Homes sold in the US during the second week of June stayed on the market for about 22 days, the lowest number since June 2018, according to a new analysis by Zillow
by Lillian Dickerson Jun 25
6 ways to set buyer and seller expectations for today's housing realities
Although it's hard to know how long this pandemic will last, one thing seems certain — the drive to find the ideal home remains a priority. That's why it's important to let buyers and sellers know what to expect. Here's how
by Cara Ameer Jun 23
Growth in US home value slows at greatest monthly rate since 2019
Home values grew by 0.41% month over month in April, and in May that metric dropped to 0.35% — the largest one-month slowdown in more than a year
by Lillian Dickerson Jun 18
Maryland market snapshot: A strong market, but low inventory
Agents in Maryland say the market has rebounded quickly from the initial shock of the pandemic, but inventory remains low
by Lillian Dickerson Jun 12
New listings rise, with greatest uptick in higher price points
The total number of new listings increased 5.9% week over week, but new listings in the highest price tier were up by 8%, according to new data from Zillow
by Lillian Dickerson May 12