Tag Archives: days on market

Buyers now snapping up homes in 15 days despite latest wave of rate hikes

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Rising mortgage rates, booming home prices and scant inventory are pushing homebuyers to quicken their plans, according to Redfin’s latest market report. Continue reading →

US home sales prices hit another all-time high, leaving buyers in the dust

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A new report released Wednesday by Redfin painted a bleak picture for homebuyers already fatigued by a tough market. Continue reading →

From hate speech to antitrust: The year in MLSs and associations

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2021 came with Realtor misbehavior, rising legal and regulatory scrutiny and MLSs becoming tech investors after Zillow’s acquisition of ShowingTime. Continue reading →

2021 broke records for days on market, median price and more

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A new report from Redfin describes 2021 as “remarkable” and identifies numerous records that fell over the past 12 months. Continue reading →

Nation’s largest MLS rebuts ‘Zero DOM’ pocket listing study

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California Regional MLS CEO Art Carter told Inman that NAR’s Clear Cooperation Policy has resulted in more listings being marketed on the MLS, not fewer. Continue reading →

‘Zero Days on Market’: New study highlights controversial metric

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While brokers see the study as reason to re-evaluate NAR’s pocket listing policy, MLSs push back on the study’s conclusions, pointing to a hot market. This is the third story in a five-part series. Continue reading →

Are sellers getting greedy? Asking prices surge to new record

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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 →

Existing-home sales rise for second consecutive month in July

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Total existing-home sales in July 2021 rose 2 percent on a seasonally adjusted annual basis from June to a rate of 5.99 million, according to the National Association of Realtors. Continue reading →

California’s scorching-hot housing market expected to stay ‘incredibly competitive’

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California Association of Realtors blames lack of supply for “terrible consequences” on quality of life for potential buyers. Continue reading →

June home sales see largest decline since 2012: Redfin

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Homes also sold at their priciest and quickest pace on record during June, but Redfin said that sales pace and market competition have now likely peaked for 2021. Continue reading →