Deals will hinge on negotiations this fall. Here’s how buyers’ agents win

“There was no negotiation over the last couple of years,” Max Stokes of Compass says. But that’s beginning to change — gradually. With a few tips, buyers can prevail at the negotiating table. Continue reading

Agent Outlook: How will the market determine your strategy?

Eric Forney, director of industry for Livian shares his wit and wisdom as he reviews current market stats and weighs in on what’s next. Check out this week’s outlook, and add these insights to your weekly playbook. Continue reading

Falling list prices hit pandemic hot spots hardest, new Redfin study says

Nationally, more than 15 percent of homesellers dropped list prices in July across the 97 metro areas analyzed by Redfin, with Boise, Denver and Salt Lake City seeing the greatest share of cuts. Continue reading

Wary sellers back off asking prices in June housing slowdown

The typical asking price for a home on the market took a modest downward turn in late May and early June, a sign of a softening market. Continue reading

Is it a housing bubble? Nearly 68% of housing markets are overvalued

Data from analytics firm CoreLogic shows 67.9 percent of U.S. regional housing markets were overvalued as of the latest available data from March, meaning incomes in those markets can no longer support home prices. Continue reading

List prices are finally starting to fall

Nearly 1 in 5 homesellers dropped their listing price during the four-week period ending May 22, a high watermark unmatched since October 2019, according to a new report from Redfin. 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