Buyer’s market now in doubt as new listings tank 7.3%

Zillow’s latest market report revealed a burgeoning seller retreat in August, as new listings dropped 7.3 percent in one month. However, there are still plenty of opportunities for buyers to make a deal, especially in the South. Continue reading

New sales numbers are out. These 9 charts show what’s happening where you live

Pending home sales, a leading indicator of expected home sale closings, fell 0.4 percent nationally in July, according to National Association of Realtors data. Continue reading

8 things agents can do in August to boost productivity, commissions

August isn’t downtime — it’s decision time, coach Darryl Davis writes. Decide what you’ll do now to set yourself up for success in the months ahead. Continue reading

AI’s potential for real estate agents is vast, ICNY panelists argue

Industry leaders said Thursday that artificial intelligence is lowering the cost of producing content and that in the future it will make home searches better and more useful. Continue reading

3 years after lockdown, foreclosed homes remain rare but on the rise

Foreclosures are still affecting a tiny slice of the nation’s home inventory. Here are the markets where you’re most likely to find one, according to a new report from Attom. Continue reading

Kendall Bonner: The industry isn’t ready for reality of commission suit

Bonner, an eXp team leader, has been vocal about the need for agents and brokers to consider how they’ll serve buyers in a post-lawsuit landscape. She expanded on her concerns with Intel. Continue reading

The inventory recovery suffered a setback. Is it just temporary?

The housing downturn was supposed to bring the market back into balance between buyers and sellers. But recent inventory gains have stalled. Continue reading

Home tours plummeted by half this year in Western states

Nationwide, home showing activity in October was down 27 percent year over year. In the West, the drop-off was nearly twice as steep. Continue reading

3 in 10 homes on market are newly built, the highest share in decades

A home for sale today is nearly twice as likely to be newly built than in 2019 as a glut of unsold projects reaches the market, according to a new report from Redfin. Continue reading

Homesellers are slashing prices. Here’s how to spot deals right away

Homebuyers searching for price cuts on search portals are sure to get lucky if they check on this specific day of the week and check back again after 3 weeks, according to a new analysis by Zillow. Continue reading