A new normal, or a ‘new weird’? Home prices climb despite 6% rates

As mortgage rates rose in recent weeks, so did home prices and purchase-loan applications. It’s a strange time, a Redfin economist says. Continue reading

Households with school-age kids likely to lead fall homebuying rush

Households with school-age children will account for 22.5 percent of all home sales over the next 10 months, according to analytics firm TKI’s latest predictive report. Here’s how to market to them. Continue reading

Sellers’ strike? New listings fell in August as active listings increased

Inventory rose due to a steep drop in homebuyer demand and homes that are spending more time on market while sellers pulled back on listing new properties, according to Realtor.com data. 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

Days on market drops by nearly 50% amid inventory crisis

New listings are up 19.1 percent year over year, but demand continues to outpace new listings, leading to increasingly fewer days on market. Continue reading

New realtor.com market report hints inventory relief is coming

Realtor.com’s latest weekly market report showed a boost in new listings during the last week of April — a hopeful signal that lower home prices are near. Continue reading

March was the hottest month in housing history

The median home price rose 17 percent annually to $353,000, according to Redfin’s March housing report. Nearly half of homes sold above asking price. Continue reading

Mike DelPrete: Don’t Call It A Comeback (Just Yet)

Real estate tech strategist Mike DelPrete explains pre and post shelter-in-place market trends and how real estate agents can prepare for the future. Continue reading

Number of homes for sale declines 15.7% in March

The market started to show a slow down in the second half of March as the coronavirus outbreak settled in, according to data from realtor.com and Redfin. Continue reading