This is the ‘fastest-slowing’ housing market in the US, new data shows

The slowdown in housing has been swiftest on the West Coast, where prices in some markets have already fallen by 2 percent since July, according to a new analysis on Wednesday by Redfin. Continue reading

The benefits of the ‘Great Housing Boom’ will ring out for years to come

The entire country experienced a housing boom that set off a neighborhood infrastructure metamorphosis. Even with the housing market flipped upside down, the benefits are boundless. Continue reading

Median sale price dips below $400K as existing-home transactions slip

The median sale price of an existing U.S. home declined to $389,500 in August, down from July when it sat at $403,800, according to data released Wednesday by the National Association of Realtors. Continue reading

Demand for home loans picks up for first time in 6 weeks

Rising demand for purchase loans and refinancing as rates climb to new highs underscores volatility, with Fed expected to continue rate hikes, according to the MBA’s latest Mortgage Applications Survey. Continue reading

The color of money: Unique ways to prosper in today’s tough market

One revenue stream is not enough to keep you afloat during market shifts. Trainer and author Bernice Ross speaks with agent Taunee English to discover how she leverages three different streams to maximize financial security. Continue reading

New construction scores a modest win as housing starts jump 12%

Monthly housing starts rose 12.2 percent in August to a seasonally adjusted rate of 1,575,000, according to U.S. Census Bureau data released Tuesday. August 2022 levels fell 0.1 percent year over year. Continue reading

Zillow’s US home-value estimate drops for 2nd consecutive month

Zillow has lowered its assessment of home values nationwide as the market continues to muddle through an ongoing slowdown in real estate. Continue reading

Builder confidence drops to lowest level in 8 years as fall drop-off looms

Builder confidence in the newly built single-family home market fell three more points in September, to a score of 46 on the Wells Fargo Housing Market Index, according to data released Monday. Continue reading

Inman’s ultimate guide to navigating the topsy-turvy fall housing market

Buyers and sellers face a new reality where bidding wars will be rare, days on market lengthen and markets go from boom to bust (and bust to boom). But don’t fear — Inman has you covered. Continue reading