Some luxury markets, especially in dense, pricey coastal cities, have seen little price growth since the pandemic because residents fled those places once they had the option to work remotely. Continue reading
Sluggish homebuyer activity has pushed sellers to adjust their price expectations, according to Redfin’s latest report. The median asking price declined for the first time in six months to $416,000. Continue reading
AREAA President Jamie Tian offers insight into the organization’s efforts to fight barriers to homeownership and affordability. Continue reading
Contract signings fell 7.7 percent between March and April to a score of 72.3 on the Pending Home Sales Index last month, according to data released Thursday by the National Association of Realtors. Continue reading
Sky-high numbers of delistings and price corrections may mean that buyers have finally had their fill of homes that are priced too high, according to Mike DelPrete. Continue reading
As rates on conventional mortgages head back above 7 percent, homebuyer demand for purchase loans is wilting, with applications dropping for a third week in a row last week, according to an MBA survey. Continue reading
Despite short-term challenges in the space, multifamily real estate investment expert Michael Zaransky is still bullish on the long-term potential of the sector. Continue reading
The launch comes as approximately 45.2 million Americans rent out their homes concurrently with the rise in mortgage rates. Continue reading
National home prices jumped 6.5 percent in March from a year earlier to a new record high with the Northeast leading regionally. Continue reading
The upending of NAR’s cooperative compensation rule is a double-edged sword for Zillow and its rivals, experts told Inman. These are the tools and tactics they’re adopting to suit the moment. Continue reading