Tag Archives: Markets & Economy

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

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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

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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

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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 →

Cash still king as nearly a third of homebuyers spurn costly mortgages 

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All-cash home purchases in the U.S. hit 31.4 percent of all transactions in July 2022, just short of an eight-year high reached in February 2022, according to new data released Friday by Redfin. Continue reading →

RealScout launches 19th Buyer Graph in Southwest Florida

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Fourteen brokerages have partnered to launch the Southwest Florida Buyer Graph, which hosts real-time anonymized buyer data and habits and climate risk data. Continue reading →

Households with school-age kids likely to lead fall homebuying rush

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Households with school-age children will account for 22.5 percent of all home sales over the next 10 months, according to analytics firm TKI’s latest predictive report. Here’s how to market to them. Continue reading →

This is the best time for homebuyers’ agents to lock in a deal this fall

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Realtor.com’s “Best Time to Buy” report revealed Sept. 25 to Oct. 1 is the best time for buyers to seize early-season savings as rising mortgage rates and booming inflation clobber demand. Continue reading →

Mortgage rates pass 6% as demand for loans continues dramatic fall

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Purchase loan applications fell 29 percent from the same period last year, the result of rising rates that are double their levels from 2021, according to the Mortgage Bankers Association’s weekly index. Continue reading →