Are sellers getting greedy? Asking prices surge to new record

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

Existing-home sales rise for second consecutive month in July

Total existing-home sales in July 2021 rose 2 percent on a seasonally adjusted annual basis from June to a rate of 5.99 million, according to the National Association of Realtors. Continue reading

California’s scorching-hot housing market expected to stay ‘incredibly competitive’

California Association of Realtors blames lack of supply for “terrible consequences” on quality of life for potential buyers. Continue reading

June home sales see largest decline since 2012: Redfin

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

Ohio’s largest MLS ditches ‘Coming Soon’ status

MLS Now says the status caused “unintended consequences” and has been the most common complaint among agents in the past year. Continue reading

America’s Hottest Neighborhoods: Willow Glen in San Jose, California

Robust work-from-home policies amid the pandemic and an upcoming development by Google, as well as other charms, make Willow Glen an enviable place to live. Continue reading

March was the hottest month in housing history

The median home price rose 17 percent annually to $353,000, according to Redfin’s March housing report. Nearly half of homes sold above asking price. Continue reading

Why the nation’s largest MLS is declaring Saturday a work day

In a bid to close a pocket listing loophole, CRMLS created the change to prevent agents who publicly advertise a listing on a Friday from waiting until Monday to submit it to the MLS. Continue reading

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

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

Council of MLSs: Don’t pause days on market

“Real estate professionals and the people they serve need to know what is happening — and not happening — in the real estate market right now,” trade group says. Continue reading