West Virginia boasts the largest number of homes currently selling below list price, according to an analysis of Zillow data from the past 12 months from luxury real estate brokerage RubyHome. Continue reading
Fewer homebuyers are facing even a single competing offer. And when buyers find themselves in bidding wars, the field is less crowded, according to a report from Redfin. Continue reading
Single-family homes saw a double-digit annual rise in sale prices in 148 of 185 metro markets in the second quarter, but overall numbers point to a housing market in the opening stages of a cooldown, according to a report. Continue reading
A record-high 33.7 percent of homebuyers sought to move from one metropolitan area to another in July, up from 32.6 percent in the second quarter of 2022, according to a report from Redfin released on Thursday. Continue reading
Purchase loan activity has dropped in five of the last six weeks as some buyers remain wary, according to the Mortgage Bankers Association. Continue reading
Those real estate agents who can provide accurate, up-to-date and meaningful market data — those who put in the work to become true local market experts — can become the “economist of choice” in their region, and as a result, become the agent of choice… Continue reading
A steep drop in gas prices offset the rising costs of housing and food for many families. Prices were still up 8.5 percent year over year, says a report from the U.S. Bureau of Labor Statistics. Continue reading
In an Aug. 8 video to agents sure to cause a stir, Altos Research founder and CEO Michael Simonsen posits that the worst the industry may face is a contraction, not a crash. Continue reading
Interest in the housing market has piqued on Google, with searches for whether a crash is imminent shooting up in 2022. The spike suggests homeowners are nervous about their market timing. Continue reading
Figures released Wednesday by Attom show a total of 30,358 properties with foreclosure filings in July. Despite the slight drop, foreclosure activity is still up 143 percent from the same time last year. Continue reading