Existing-home sales rebound in September after August dip: NAR

Existing-home sales made a rebound in September following a dip in sales in August, NAR reported. All four major U.S. regions saw an increase in sales from the previous month. Continue reading

Outlook improves for home sales through end of 2021, beyond: Zillow

Strong numbers of pending home sales and applications for purchase loans have pushed up sales forecasts through the end of the year. Continue reading

Manhattan housing market posts biggest 3rd quarter in 3 decades

Luxury apartment sales surged approximately 226 percent year over year and almost 33 percent from the previous quarter, according to Douglas Elliman. Continue reading

DropOffer launches app that taps the ‘Off-Market’ for more inventory

Patent-pending technology connects users with any home not currently on the market, opening up much-needed inventory for agents and consumers. Continue reading

Pending home sales beat projections following 2 months of declines: NAR

Pending home sales finally saw some positive growth in August, following two consecutive months of declines in June and July, the National Association of Realtors reported. Continue reading

New home sales see modest gains for second consecutive month

Sales of newly built single-family homes hit a seasonally adjusted annual rate of 740,000 in August 2021, up 1.5 percent from the revised July rate, according to the U.S. Census Bureau. Continue reading

Multifamily housing starts deliver August surprise; single-family falls

Privately owned housing starts beat expectations in August while single-family starts declined by nearly 3 percent, according to data issued Tuesday by the US Census Bureau. Continue reading

Home sales will cool off for the rest of this year and next: Fannie Mae

Projected growth in new home sales wouldn’t offset expected drop in existing home sales, according to Fannie Mae’s latest monthly forecast. Continue reading

Miami neck-and-neck with pricy Calif. metros as home prices surge

Another year of home price growth has pushed some metros to extremes, including Miami, where income growth hasn’t been able to keep up, according to new data from OJO Labs. Continue reading