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
Windermere Economist Jeff Tucker looks at how a combination of tariffs, economic uncertainty, and rebounding interest rates may cause both buyers and sellers to hunker down for now. Continue reading
Experts surveyed by Fannie Mae expect national home prices to grow by 3.4 percent in 2025. Median list prices in 69 markets were down by 10 percent or more from a year ago in March. Continue reading
According to a new report from Realtor.com, the national average down payment hit 14.4 percent and $30,250 in the fourth quarter. Continue reading
A new survey shows that fewer agents want to recommend their job to others and that, in the wake of NAR’s commission lawsuit settlement, more are dissatisfied with the trade group. Continue reading
A recent Redfin report found that 20.5 percent of homes sold above asking price in February, while 64.2 percent sold below and 15.4 percent sold at their asking price nationwide. Continue reading
This week, Windermere Real Estate Principal Economist Jeff Tucker looks at active listings, inflation and mortgage rates, which spell out “a recipe for pretty good shopping conditions for buyers” this spring. Continue reading
Florida wrapped up the first month of the year with a record-breaking number of homes for sale, according to Redfin’s latest data analysis. At the end of January, there were 172,209 homes on the market, the most Florida has ever seen. That’s a 22.7 per… Continue reading
This week, Windermere Real Estate Principal Economist Jeff Tucker shares how inventory serves as a leading indicator for the 2025 market. Continue reading
Even with an uptick in new listings, homebuyers aren’t rushing into the market. Instead, demand has dipped, leaving a growing supply of homes sitting as buyers remain hesitant about their next move, according to Redfin’s latest data analysis. Over the … Continue reading