Keller Williams on inflation, cooling prices, inventory uncertainty

Price growth is likely to slow down next year, and a correction may await on a more distant horizon, but 2022 should nevertheless be a good year for home sales. Tune into Inman’s Deep Dive on Keller Williams all week long. Continue reading

Existing-home sales rise for second consecutive month in July

Total existing-home sales in July 2021 rose 2 percent on a seasonally adjusted annual basis from June to a rate of 5.99 million, according to the National Association of Realtors. Continue reading

Home prices jump by double digits across nearly every US metro

The median existing single-family home price rose 22.9 percent year over year during the second quarter of 2021, according to NAR. Continue reading

Home prices show signs of leveling off for first time in months

After five consecutive months of record home prices, the market appears to be plateauing according to several key indicators. Continue reading

California’s scorching-hot housing market expected to stay ‘incredibly competitive’

California Association of Realtors blames lack of supply for “terrible consequences” on quality of life for potential buyers. Continue reading

How agents can nab new inventory as moratoriums expire

It’s unclear exactly how many properties will be freed up after federal eviction and foreclosure moratoriums expire at the end of July. But whichever way it goes, agents will want to be prepared. Continue reading

Eviction and foreclosure moratoriums expire

Several economists and housing experts share what could unfold for homeowners, renters and the overall economy when the CDC’s eviction and foreclosure moratorium ends on July 31. Continue reading

IBuyer offers are clocking in at an average of 104% of market value

Amid a highly competitive market in the first half of 2021, iBuyers began making more competitive offers and expanding the range of homes they were willing to purchase. Continue reading

Selling to buy? It should get easier in coming weeks, report says

Conditions should start to improve for buyers while remaining great for sellers if current trends hold, according to a new Redfin report. Continue reading