Here's where prices are (likely) headed in your market
Zillow expects a chill on prices to spread through markets across the country over the next year, with pockets of strong price growth in the red-hot Midwest and Northeast
by Taylor Anderson Oct 2
Price growth continues to slow, but economists say that may be good news for the market
Nationally, prices grew at the slowest level since 2023, according to the S&P Cotality Case-Shiller July Index. Although that hurts homeowners now, economists said it hints at a healthier market
by Marian McPherson Sep 30
Pending home sales jumped 4% in August in positive market signal
NAR Chief Economist Lawrence Yun said lower mortgage rates were bringing buyers to market. Bright MLS Chief Economist Dr. Lisa Sturtevant said hopes for a fall rebound should stay tempered
by Lillian Dickerson Sep 29
Is fall the new spring? Market winds may be shifting, NAR says
Increased homebuying affordability, more inventory and fewer competing buyers may lead to a prime week for homebuyers in October, leading to conditions like a '2nd spring market'
by Lillian Dickerson Sep 26
August existing-home sales may have been lowest in a decade
Sales slowed month-over-month to an annualized rate of 4M homes sold this year, according to a new report released Thursday by NAR
by Taylor Anderson Sep 25
condo vs townhome
Should your clients look at a condo or townhouse as their starter-home option? As with all things in real estate, location is everything
by Christy Murdock Sep 24
These 10 real estate markets have lost $233B in value since 2024
Home values still remain far above what they were before the pandemic sent home prices soaring across the US, despite recent declines in markets across the country
by Taylor Anderson Sep 8
Homebuyers take a breather as mortgage rates continue to fall
Purchase loan demand slipped last week, but rates are expected to keep falling with unemployed outnumbering job openings in July for the first time since the pandemic
by Matt Carter Sep 3
New sales numbers are out. These 9 charts show what’s happening where you live
Pending home sales, a leading indicator of expected home sale closings, fell 0.4% nationally in July, according to National Association of Realtors data
by Taylor Anderson Aug 28
A bitter pill: More US consumers swallow higher rates, eye homes
For years, high home prices and mortgage rates have driven consumers from the housing market. That intimidation factor might be fading, Intel's latest survey of 3K working adults found
by Daniel Houston Aug 25
These 6 maps capture a real estate market in turmoil
A new analysis of Redfin data shows where homes are sitting, where sellers are pulling back and where prices are rising and falling the most amid ongoing slow market
by Taylor Anderson Aug 19
The national median price of a home has gone up (again)
Home prices fell in 24% of markets, with 5 Florida markets posting the biggest price declines. But buyers chasing affordability drove up prices the most in parts of the Midwest and Southeast
by Taylor Anderson Aug 12
A tale of 2 housing markets as price declines spread to the West
Home prices are holding up in the Midwest and Northeast, but have come down from a year ago in more than 70% of Western markets and 40% of Southern markets
by Matt Carter Aug 11
Homebuyers still have jitters about the economy and job market
Mortgage rates have stabilized and more inventory is coming online, but applications for purchase loans fell by a seasonally adjusted 6% last week compared to the week before
by Matt Carter Jul 30