Tag Archives: home prices

Price, cost and value: You (and your clients) should be looking at all 3

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While often used interchangeably, these three factors speak to different aspects of your business — and your clients’ decision-making process. Continue reading →

It’s definitely a seller’s market: Buyer sentiment sags in poll

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With home prices and mortgage rates showing few signs of easing, only 19 percent of Americans thought May was a good time to buy. Continue reading →

Robert Reffkin: Sub-4% mortgages are ‘handcuffs’ for home inventory

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In a Bloomberg Markets TV appearance, the top boss at Compass said homeowners are treating a 3 percent mortgage rate “as a financial asset” — at least for now. Continue reading →

Second month of home price gains could signal end to year of declines

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U.S. home prices rose 0.7 percent in March, notching a second-straight month of upticks while suggesting declines that began in 2022 may be winding down, according to data from CoreLogic and the FHFA. Continue reading →

Massive metro-to-metro home price gaps reach 13-year highs

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Agents often say “real estate is local” when speaking to clients, potential leads, and family and friends in need of some sound buying and selling advice. While that phrase has become somewhat cliché, Redfin’s latest data report published on Tuesday pr… Continue reading →

Low inventory prevents prices from falling even further: Report

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While homeowners are staying put out of reluctance to lock in higher mortgage rates, the few homes on the market are drawing competition, according to a report released Friday by Redfin. Continue reading →

It’s getting harder to make money on a home sale: ATTOM

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A report out Thursday shows that profit margins on home sales have fallen dramatically since their high points last year. In the first quarter of 2023, the profit margin on a median-priced U.S. home was 44.2 percent. Continue reading →

Home prices have stopped falling. But is it a reversal or a blip?

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Two widely cited home price measures confirm that the price drops halted in the early weeks of 2023. But downward pressure on prices remains. Continue reading →

Home sales will be ‘subdued’ for rest of 2023, Fannie Mae projects

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The housing sector’s resilience to higher prices and mortgage rates has bolstered prices, but a lack of for-sale inventory is expected to limit sales, according to Fannie’s latest monthly forecast. Continue reading →