Easing mortgage rates and flat home price growth led to a win for homebuyers in October, according to Zillow. However, future volatility may put buyers back on the sidelines. Continue reading
Zillow Senior Economic Researcher Treh Manhertz said statistics reflect a normalizing market and show that the vast majority of homes are retaining their value, even as the rate of appreciation cools. Continue reading
Homebuyers and homesellers are also older, with the median age of first-time buyers rising to 40, according to a new report on homebuyers and sellers from the National Association of Realtors. Continue reading
As they compete among themselves for affordability-constrained homebuyers, fewer sellers are even attempting a hardline stance on the buyer-side commission, the Inman-Dig Insights consumer survey finds. Continue reading
As Halloween draws near and our minds become preoccupied with witches, wraiths and suddenly seized souls, homesellers are focused on another horror: the growing number of homebuyers backing out of the market. Continue reading
Do buyers or sellers have the upper hand? Three real estate brokers explain why it’s an impossible question to answer and how they’re helping clients navigate a fragmented market by managing expectations and smart negotiations. Continue reading
The Federal Reserve’s decision to make a series of historic short-term rate cuts at the height of the pandemic has proven to be a double-edged sword, with the sharpest point being the percentage of would-be homesellers locked into their homes by 2 perc… Continue reading
The upstart Compass had already grown to the top residential brokerage by sales volume. Now, it’s moving to acquire its chief rival. Continue reading
In the past two months, the total number of homesellers in the market has fallen from a peak of 1.96 million in May to 1.95 million in July, Redfin reported. As sellers realize that homebuyers have the upper hand now, some are opting out of the market … Continue reading
Annual new listing growth jumped from 1.7 to 6.4 percent in one week. However, Realtor.com said the listing jump hasn’t translated to more home sales, as homebuyers struggle with affordability. Continue reading