Pending home sales rose 1.5% in March, but fell short of last year

Pending home sales rose 1.5 percent from February to March but remained 1.1 percent below last year’s levels, according to the National Association of Realtors’ monthly Pending Home Sales report. Continue reading

Homes listed in late April sell faster and above asking, Redfin finds

Homes listed during the final weeks of April are 18 percent more likely to sell above their original asking price than the yearly average — the highest likelihood of any week in the year — according to a Redfin and Home Economics analysis. Continue reading

‘The dream of the 90s is alive in the Midwest.’ Can they keep it going?

The Midwest is gaining popularity with homebuyers. Three economists share what the region has going in its favor — and the challenges of maintaining affordability. Continue reading

Buyer momentum builds, but it’s far from universal

More than 60 percent of major U.S. housing markets are shifting toward buyers, as Realtor.com’s new Market Clock highlights a growing divide between regions and evolving local conditions. Continue reading

New home team: Real estate’s biggest new hires and moves

Century 21, Compass, Douglas Elliman and other real estate industry brands made moves during the past week. Continue reading

Rising prices, cooling demand: Interest rates hit a 6-month high

For the first time since October, the monthly cost of buying a home increased, a consequence of the Iran war driving mortgage rates to a six-month high. Continue reading

Opportunity knocks: This week’s industry hires and moves

The industry shuffle continues, with teams and brokers going independent or returning to their roots. Here are updates from HomeSmart, The Agency and others. Continue reading

Home investors’ strategies vary by location: Here’s where they’re getting the most for their money

Data shows the biggest discounts emerging in markets where prices lag the national median but rent potential stays high Continue reading

Stock market gains push luxury homebuyers ahead in October

While non-luxury homebuyers are beholden to mortgage rate fluctuations, luxury buyers are using their stock market gains to boost their purchasing power — pushing luxury sales up 2.9 percent. Continue reading

October brought the strongest buyer’s market in 12 years: Redfin

The number of homesellers exceeded homebuyers by a record 36.8 percent in October, which is the largest divide between the two groups since at least 2013, Redfin reported on Wednesday. Continue reading