Rising rates and home prices stifle January market: Redfin

The Federal Reserve’s policy shift depressed homebuyer and homeseller activity in January, according to Redfin. Monthly new and active listing growth dropped to the lowest levels since last summer. Continue reading

Rate drop leads to 3rd consecutive month of listing gains

Active and new listings experienced single-digit increases for the third consecutive month in January, according to Realtor.com’s latest market report. The boost in listings also brought buyers out, leading to a four-day decrease in the median days on… Continue reading

NAR enrollment fell in 2023. Here’s where membership rose — and why

NAR membership declined by 1.4 percent in the 12-month period that ended in October, with state-level enrollment hewing closely to local housing metrics, according to a state-by-state analysis by Intel. Continue reading

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 percent, according to a report. Continue reading

Despite March’s home sale slump, prices grow at fastest clip since 2013

Nearly 4 percent fewer homes sold in March than did the month before, after accounting for seasonal factors. Prices rose by 6 percent, the largest monthly price increase since 2013. Continue reading

3 agents per home: Is Daytona Beach the canary in the coal mine?

In September, approximately 2,200 agents licensed in the Florida beachside community of 70,000 were vying for just 674 listings. Is this the fate in store for the rest of the country? Continue reading

Are sellers getting greedy? Asking prices surge to new record

The median asking price of newly listed homes for sale surged 12 percent year over year to a record high of $361,250, according to a new Redfin report. Continue reading

Despite cooling housing market, pending sales continue to climb

During the four-week period ending Sept. 5, pending sales rose 6 percent from a year earlier, according to a report released Wednesday by Redfin. Continue reading

Extreme seller’s market shows more signs of leveling off: Redfin

The typical home price has been holding roughly steady for weeks as inventory continues its slow path to recovery. Continue reading