New home sales took an 8.6 percent hit in March as rising home prices and mortgage rates made homebuyers think twice before purchasing a new home, according to data released Tuesday from the U.S. Census Bureau Continue reading
This week, Byron Lazine and Nicole White discussed the differing views of homebuyers and homebuilders when it comes to the housing market and the implications they hold for what’s next. Continue reading
Zillow now expects home value growth to reach 14.9% through March 2023, down from its previous estimate of 16.5% growth. What’s with the downgrade? Continue reading
U.S. foreclosure activity hit a new high not seen since the start of the COVID-19 pandemic, as foreclosures continue to rebound following the lapse of federal moratoriums, according to data from Attom. Continue reading
Total existing-home sales dropped by 2.7% from February 2022 and by 4.5% from March 2021 to a seasonally adjusted annual rate of 5.77 million, according to the National Association of Realtors. Continue reading
Privately owned housing starts increased 0.3 percent from revised February figures to a seasonally adjusted annual rate of 1.79 million, according to US Census Bureau data released Tuesday. Continue reading
This week: Byron Lazine and Nicole White examine higher interest rates and their market impact, the average number of offers written per sale according to a new study and value-added home improvements. Continue reading
Although still in its infancy, blockchain and crypto continue to evolve, garnering significant interest from individuals and large corporations alike. Windermere Real Estate Chief Economist Matthew Gardner shares insights to help you and your clients u… Continue reading
Quarterly market reports released this week from several area brokerages revealed a luxury market in high demand, with climbing prices and little inventory. Continue reading
In recent years, some of the nation’s most prominent homebuilders have stepped up their focus on homes that are built to rent. In this historically competitive market, is it depriving buyers of inventory? Continue reading