Tag Archives: active listings

3 agents per home: Is Daytona Beach the canary in the coal mine?

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In September, approximately 2,200 agents licensed in the Florida beachside community of 70,000 were vying for just 674 listings. Is this the fate in store for the rest of the country? Continue reading →

Are sellers getting greedy? Asking prices surge to new record

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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

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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 →

Extreme seller’s market shows more signs of leveling off: Redfin

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The typical home price has been holding roughly steady for weeks as inventory continues its slow path to recovery. Continue reading →

Home prices show signs of leveling off for first time in months

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After five consecutive months of record home prices, the market appears to be plateauing according to several key indicators. Continue reading →

June home sales see largest decline since 2012: Redfin

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Homes also sold at their priciest and quickest pace on record during June, but Redfin said that sales pace and market competition have now likely peaked for 2021. Continue reading →

Bubble Trouble: The housing crash will be even worse than I predicted

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This is the homeseller market crash. Inventory is at historic lows, affordability is rapidly eroding, and rates are climbing. In this first of two opposing opinion pieces on the housing crash, Chris Drayer shares why the classic phrase “now is the time… Continue reading →

Median home-sale price reaches all-time high of $335,613

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Although the market is currently red-hot, Redfin’s latest report released on Friday revealed that homebuyers may give up as home prices continue to grow. Continue reading →