Tag Archives: active inventory

The market keeps tipping toward a pool of reluctant buyers

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Mortgage rates and the median listing price are down while active inventory is up year over year, but more positive movement may be required for hesitant buyers this spring. Continue reading →

Spring market shows early signs of green shoots

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Early data shows that existing-home sales were up in February and that relistings are experiencing a surge, signaling consumer confidence in the market. Continue reading →

Existing-home sales gain momentum in September amid falling mortgage rates

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The gain in existing-home sales once again reflects just how much consumers respond to lower mortgage rates, NAR Chief Economist Lawrence Yun said during a press call on Thursday morning. Continue reading →

NAR sees existing-home sales rise ‘ever so slightly’ in July

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Existing-home sales edged up in July, as increasing inventory and improving affordability pushed more homebuyers into the market. The sale of single-family, townhomes, condominiums, and co-ops increased 2 percent month-over-month and 0.8 percent year-o… Continue reading →

Homesellers are delisting their homes instead of dropping prices

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Delistings jumped 48 percent nationally, but the trend is particularly noticeable in Miami. Continue reading →

New listings grew 276% last week — but it’s not enough

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Annual new listing growth jumped from 1.7 to 6.4 percent in one week. However, Realtor.com said the listing jump hasn’t translated to more home sales, as homebuyers struggle with affordability. Continue reading →

How homeowners, not builders, are driving Denver’s inventory boom

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How is Denver out so far in front of the pack? Without a building boom, owners of existing homes are flouting a ‘rate lock-in’ and weak demand in a way that helps explain a broader national trend. Continue reading →

US inventory exceeds 1M homes for first time in 6 years

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Metro areas with the greatest gains in inventory are those that continued to build during and shortly after the COVID-19 pandemic, while those that did not still lag behind pre-pandemic levels. Continue reading →

October saw active listings grow even as new homesellers declined

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The month saw active listings grow at a rapid pace even as new homesellers declined annually for the fifth straight month, falling 15.9 percent, according to a report. Continue reading →

US home sales prices hit another all-time high, leaving buyers in the dust

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A new report released Wednesday by Redfin painted a bleak picture for homebuyers already fatigued by a tough market. Continue reading →