These are the most family-friendly suburbs in the US

Looking at schools and infrastructure, realtor.com identified the most family-friendly suburb for each of the country’s 11 biggest cities. Continue reading

Falling home price appreciation threatens iBuyer profits: DelPrete

IBuyers are closer than ever to profitability. But the overwhelming majority of profits are coming from record home price appreciation, which is temporary and appears to be falling.
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US home prices continued rapid climb in the second quarter: FHFA

The second quarter of 2021 marked the 40th consecutive quarter of home price increases, according to the Federal Housing Finance Agency. Continue reading

Zillow’s agent revenue lead on realtor.com is slipping: Mike DelPrete

Historically, Zillow has maintained a consistent 2.5x agent revenue lead over realtor.com, but in the past quarter that lead has slipped, as realtor.com grew its agent revenues much more than Zillow. Continue reading

When will prices cool? Here are the factors at play

Home prices are spiraling out of control. There are several reasons prices just keep climbing, but it can’t last forever. Here’s what it’ll take for prices to even out.

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Compass nears profitability, outperforms competition: Mike DelPrete

The hot real estate market has fueled strong growth across the industry. Compass’ growth is noteworthy, and it demonstrates that though the industry moves slowly, some players move faster than others. Continue reading

Builder confidence drops to lowest level in more than a year

Nationwide builder sentiment fell by 5 points to 75 in August, according to the National Association of Home Builders/Wells Fargo Housing Market Index. Continue reading

The ‘looming eviction crisis’ is overblown. Here’s why

Although there’s a lot of chatter about an “eviction tsunami” or “eviction apocalypse” whenever the federal moratorium ends, the data does not support that fear. Here’s a deeper dive. Continue reading

IBuyers are paying above market — and reselling for more: Mike DelPrete

Home prices are rising across the U.S., and iBuyers, led by Opendoor, Zillow and Offerpad, are paying record-high, above market values for the homes they’re buying, but they’re also reselling them for more money than ever before. Continue reading