Existing-home sales fall to slowest pace since 2009 amid rising costs

Existing-home sales decreased by 5.9 percent from February and by 2.4 percent from March 2024 as homebuyers continued to deal with affordability challenges, said NAR Chief Economist Lawrence Yun. Continue reading

Tap into the growing numbers of buyers insisting on upgrades

Smart home improvements make all the difference between a listing that slowly sells and one that truly stands out in the market, team leader Carl Medford writes. Continue reading

Concessions surge as homesellers offer sweeter deals in sour markets

In the first quarter of the year, 44.4 percent of homesellers included concessions in their deals, just shy of the record 45.1 percent seen at the start of 2023, according to new data released Monday by Redfin. Continue reading

Private listings negatively impact both buyers and sellers: Watchdog

Stephen Brobeck, senior fellow at the Consumer Policy Center, examines competing interests and competing policies to determine which will benefit consumers. Continue reading

Homes are sitting longer and not just because of mortgage rates

According to a new Redfin report, concerns over affordability, economic uncertainty and tariff fears under a second Trump administration are giving buyers serious pause. As of March, the typical U.S. home took 47 days to sell, the longest stretch in si… Continue reading

Homes are sitting longer and not just because of mortgage rates

According to a new Redfin report, concerns over affordability, economic uncertainty and tariff fears under a second Trump administration are giving buyers serious pause. As of March, the typical U.S. home took 47 days to sell, the longest stretch in si… Continue reading

1 in 4 Americans will pause major purchases, like homes, amid tariffs

Tariff threats have left Americans on edge, with 24 percent of U.S. adults saying they’re canceling plans to purchase a home or car due to economic fears, according to Redfin polling data released Thursday. Continue reading

1 in 4 Americans will pause major purchases, like homes, amid tariffs

Tariff threats have left Americans on edge, with 24 percent of U.S. adults saying they’re canceling plans to purchase a home or car due to economic fears, according to Redfin polling data released Thursday. Continue reading

Checkmate or alienate? Reactions mixed as firms align with Zillow

NextHome threw its support behind Zillow’s private-listing policy Friday, the second brokerage to officially back the plan, as rival portals and critics of NAR’s Clear Cooperation Policy sounded off. Continue reading

Jeff Bezos sells Seattle-area estate for recording-breaking $63M

The Amazon founder has sold his luxurious estate in Hunts Point, just outside of Seattle, for $63 million — setting a a new state record, the “Puget Sound Business Journal” reported Thursday. It’s the second time that this particular property has made… Continue reading