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

It’s the most perilous time of year to overprice a home: Opendoor

Nearly 1 in 4 homes that were overpriced at listing will end up being delisted in the slower fall months, according to a new report. Continue reading

Average homes sell above asking price for first time since last year

The average sale price nationwide just exceeded 100% of list price for the first time since August of last year, according to a new market report from Redfin released on Thursday. 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

Home prices show signs of leveling off for first time in months

After five consecutive months of record home prices, the market appears to be plateauing according to several key indicators. Continue reading

June home sales see largest decline since 2012: Redfin

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

Bubble Trouble: The housing crash will be even worse than I predicted

This is the homeseller market crash. Inventory is at historic lows, affordability is rapidly eroding, and rates are climbing. In this first of two opposing opinion pieces on the housing crash, Chris Drayer shares why the classic phrase “now is the time… Continue reading

Working with buyers? It’s time to forget these 8 key things

Help your buyers score a home by teaching them to run against current practices. Here’s a list of critical concepts you need to encourage your buyers to forget in their search for that increasingly evasive thing — homeownership. Continue reading