Tag Archives: new listings

Luxury prices and cash buyers hit a new high to close out 2023

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Strategic migration, low inventory and a demand for larger spaces have also contributed to rising luxury prices, agents told Inman, depending on the specific market. Continue reading →

Buyers continue downward spiral, but new listings may be steadying

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Homebuyers are backing away from the market as mortgage rates continue to climb. But new listings aren’t declining as quickly, Redfin reports. Continue reading →

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

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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 →

New listings plummet 27%, marking biggest annual fall since pandemic

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The number of new listings coming onto the market has plunged since June 2022, according to data released Thursday by Redfin. Transaction levels remain low even as home prices creep higher. Continue reading →

The inventory recovery suffered a setback. Is it just temporary?

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The housing downturn was supposed to bring the market back into balance between buyers and sellers. But recent inventory gains have stalled. Continue reading →

Robert Reffkin: Sub-4% mortgages are ‘handcuffs’ for home inventory

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In a Bloomberg Markets TV appearance, the top boss at Compass said homeowners are treating a 3 percent mortgage rate “as a financial asset” — at least for now. Continue reading →

Listing shortages kept prices from falling in Q1: Fannie Mae

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The mortgage giant’s quarterly Home Price Index shows national home prices were up 1 percent during the first quarter of 2023 compared to the final three months of 2022. Continue reading →

Pandemic-fueled ‘lock-in effect’ likely to limit new spring listings

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Black Knight data shows new listing volume is down 25 percent in January compared to pre-pandemic levels, the biggest drop since most of the country was in lockdown. Continue reading →

Monthly payments drop $300 and some homebuyers wade back in

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As home price growth has slowed, mortgage payments have decreased and days on market have risen, homebuyers dip their toes back into the market, according to a new report from Redfin. Continue reading →

The 7-day home sale is a rarity again as market slowdown continues

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The median home for sale is spending 45 percent longer on the market than it was at this time last year, according to Zillow’s research team. Continue reading →