Despite a flood of new listings, buyers are cooling off from high prices, rising mortgage rates and economic uncertainty, according to new reports from Zillow and Redfin. Pending homes sales declined 3.4 percent year over year during the four weeks end… Continue reading
In the first quarter of the year, 44.4 percent of homesellers included concessions in their deals, just shy of the record 45.1 percent seen at the start of 2023, according to new data released Monday by Redfin. Continue reading
More than a third of all home sales featured a concession in the past 3 months, according to new data and agents who told Inman that they’re beginning to see signs of a buyer’s market unfold. Continue reading
As a newly minted real estate agent, learning certain terms quickly will ensure you’re well-armed to guide and navigate clients through the complexities of today’s market. Here are a few to get acquainted with. Continue reading