Gary Keller: The current market is ‘the most confusing I’ve ever seen’

At Keller Williams’ annual Mega Camp conference, founder Gary Keller prepared agents for a rough 2023 as slowing home sales and other economic factors push everyone to the brink. Continue reading

5 overlooked home markets poised to keep rising in value in 2023

A housing slowdown is underway throughout much of the country. But these five local markets may be positioned to weather the storm, according to new data from Moody’s Analytics. Continue reading

Home price growth is scaling back, but not everywhere at once: NAR

Single-family homes saw a double-digit annual rise in sale prices in 148 of 185 metro markets in the second quarter, but overall numbers point to a housing market in the opening stages of a cooldown, according to a report. Continue reading

The 10 housing markets primed to pop during a recession

Florida and California are most at risk of experiencing a housing downturn during a recession, according to Redfin. Both states saw exorbitant growth during the pandemic-fueled buying rush. Continue reading

Home price growth reached point of sustained slowdown in May

Mortgage rates began to take a toll on price growth as early as this spring. But prices remained more resilient than other market indicators, according to the S&P Corelogic Case-Shiller Index. Continue reading

‘Sellers are starting to freak out:’ Redfin CEO sees market slowdown

During his latest CNBC appearance, Redfin CEO Glenn Kelman said rising mortgage rates, softening home price growth and changing buyer attitudes are all signs of an impending shift. Continue reading

Pacaso responds to backlash with first-ever economic impact report

Almost a year after streamlining its buy box to avoid median-priced homes, co-ownership platform Pacaso claims it has had a net positive impact on the destinations it operates in. Continue reading

Secondary markets drove home price growth in Q1: NAR

The National Association of Realtors’ latest quarterly report revealed buyers’ search for cheaper housing led booming home price growth in Florida and other smaller markets. Continue reading

Millennials ditching starter homes will lead summer inventory boost

In Realtor.com’s latest housing report published on Wednesday, the portal said 64 percent of prospective homesellers plan to list their home by October. Older millennials are primed to lead the charge as they ditch starter homes for bigger abodes. Continue reading

Sellers are banking on red-hot buyer demand this fall: realtor.com

Despite the return of housing market seasonality, homesellers are still expecting a red-hot fall and winter homebuying season similar to 2020, according to realtor.com’s latest survey released on Thursday. Continue reading