Supply of homes tally record uptick as property lingers on the market

The number of homes on the market increased 15 percent year over year during the four weeks ending Dec. 4, while new listings declined by 20 percent, according to new data released Thursday by Redfin. Continue reading

The top 10 friendliest US cities for first-time homebuyers right now

What’s the matter with Kansas? Not a thing as Wichita shot to the top of Zillow’s analysis of the 10 friendliest cities for first-time homebuyers on Thursday. Midwestern cities fared well overall. Continue reading

Expect housing market to crawl in 2023 before it can run: Redfin

Mortgage rates will fall to Earth in 2023 — but not before home prices tally significant declines and sales slump to their slowest pace in 12 years, according to a new forecast from Redfin Tuesday. Continue reading

Most expensive home listed in San Francisco takes $5.5M price cut

A mansion in the Presidio Heights neighborhood that had its price slashed to $39.5M is still the most expensive single-family home for sale in the Bay Area city, reports say. Continue reading

Homes for sale were pulled from the market at record pace in November

In the biggest decline in active listings since at least 2015, an average of 2 percent of all U.S. homes for sale were delisted during a 12-week period ending Nov. 20, according to data released Friday by Redfin. Continue reading

‘Bet on the Midwest’: Zillow’s 2023 housing market predictions

The listings giant predicts a surge of interest in Midwest markets and a new crop of first-time landlords among other items. Continue reading

Counties at greatest risk for housing market declines: Report

The data does not suggest a steep drop in home prices is imminent, according to the report, but shows that different areas are facing lower and more elevated levels of risk as the U.S. economy remains in an uncertain area. Continue reading

Home prices dropped in September for third straight month

The S&P Corelogic Case-Shiller Home Price Index reported a 10.6 percent annual gain in home prices during September, down from the previous month when they increased 12.9 percent. Continue reading

Home prices dropped in September for third straight month

The S&P Corelogic Case-Shiller Home Price Index reported a 10.6 percent annual gain in home prices during September, down from the previous month when they increased 12.9 percent. Continue reading