Skyrocketing US home prices are finally beginning to slow down

September 2021 marked the first month since May 2020 in which annual home price growth decelerated, with home prices increasing 19.5 percent year over year, down from a 19.8 percent annual gain in August. Continue reading

6 stories readers might have missed while eating Thanksgiving leftovers

Whether you were stuffing your face with pumpkin pie or breaking up a brawl between brothers who aren’t on speaking terms, here are the top stories you might have missed this weekend. Continue reading

2021 on pace to tally biggest year in existing-homes sales since 2006

Inventory across all housing types fell 0.8 percent from the month previous and 12 percent year over year to 1.25 million units. Nonetheless, home sales are expected to exceed 6 million by the end of the year. Continue reading

Home sales — and prices — expected to decline over next 2 years

For the first time, Fannie Mae is forecasting all the way out to 2023, when it expects the economy to enter “mature state of the business cycle,” with the risk of another recession moving into focus. Continue reading

Home prices see double-digit price surge across almost 80% of metros in Q3: NAR

The median sales price of single-family existing homes increased in 99 percent of the 183 markets measured by the National Association of Realtors, while 78 percent of markets saw double-digit price gains. Continue reading

America’s priciest enclaves: The big risers and fallers in 2021

The most exclusive communities in the U.S. got even tougher to buy into in 2021, as home prices soared in the nation’s priciest ZIP codes, according to real estate data firm PropertyShark. Continue reading

Home sales seen as immune from economic pessimism

Americans’ confidence that the economy is on the right track is at its lowest level since 2013, but that’s not expected to hurt home sales, with homebuyer demand still outpacing available listings. Continue reading

Why tough conversations with buyers can’t wait

With chronic inventory shortages and rising home prices in markets around the country, having tough conversations with homebuyers is both inevitable and necessary, so don’t delay them, panelists at Inman Connect Las Vegas advised on Tuesday. Continue reading

Rent growth catching up to home price increases in major cities

In 2021, East Coast rents made steady gains while West Coast rents remained stilted — until recently, a new report released Tuesday from Zumper reveals. Continue reading

Wealth, taxes and politics: The Las Vegas housing market’s wild ride

Home values in the gambler’s paradise recently eclipsed records from the 2006 housing bubble. As Inman Connect Las Vegas kicks into gear, agents describe a remarkable run. Continue reading