Homes listed during the final weeks of April are 18 percent more likely to sell above their original asking price than the yearly average — the highest likelihood of any week in the year — according to a Redfin and Home Economics analysis. Continue reading
The dip is due to a weak July jobs report, a neutral inflation report and home sale prices moving past their peak as fall approaches. Those factors give buyers significant leverage. Continue reading
The median home sale price ticked up to $399,633 as pending sales saw a 3.5 percent drop annually. Still, mortgage applications, home touring and Google searches for “homes for sale” increased, in a positive sign for sellers. Continue reading