Existing-home sales continue to slide as buyers bide their time: NAR

Existing-home sales fell 4.2 percent year over year to a seasonally adjusted rate of 3.86 million in August as buyers awaited the Fed’s decision to cut rates, according to National Association of Realtors data Continue reading

Baby boomers own 1/4 of all large homes in the US. They aren’t selling

Fifty-four percent of boomers who own their homes said they planned to live in them until they die, according to a new survey by Clever Real Estate. Continue reading

Is good news finally on the horizon for the real estate industry?

Bernice Ross talks with Patrick Stone, chairman and founder of Williston Financial, about interest rates, new construction and the 2024 election. Continue reading

As Americans struggle with rates, inventory, Japan sees the opposite

The East Asian island country has experienced decades of near-0 percent interest rates and an abundance of inventory, but the government has started to increase rates as wages have seen a boost. Continue reading

Where listings are bouncing back — and where they’re not: Intel

Agents are having very different experiences in the Midwest compared to the coastal South. Intel breaks down two years of Realtor.com data to get to the bottom of this split market. Continue reading

US housing market still ‘sluggish’ despite existing-home sales gains

Existing-home sales tallied a 1.3 percent uptick in July following four months of declines, according to NAR data released Thursday. However, market headwinds have kept sales sluggish compared to 2023. Continue reading

Housing inventory is roaring back to life. So why aren’t new listings?

Inventory is rising again, according to an analysis of housing data. But agents are still scrounging. Hundreds of brokers and agents shared what’s working in the latest polling from Inman Intel. Continue reading

Homes are sitting on the market longer amid high costs: Redfin

Almost two-thirds of homes that were for sale in June had been listed for at least 30 days without going under contract. That figure is the highest share of any June since 2020. Continue reading

Economists predict big slowdown in home price appreciation

As for-sale listings continue to surge, many would-be homebuyers are still having trouble finding properties that they can afford and prices are already coming down in some markets Continue reading

Disparity in agent splits evident in Northeast, Intel analysis reveals

These times have been hard on nearly every real estate business. But different parts of the country report unique challenges and business approaches, as illustrated by Intel’s monthly gauge of industry sentiment. Continue reading