Homes are sitting longer and not just because of mortgage rates

According to a new Redfin report, concerns over affordability, economic uncertainty and tariff fears under a second Trump administration are giving buyers serious pause. As of March, the typical U.S. home took 47 days to sell, the longest stretch in si… Continue reading

Homes are sitting longer and not just because of mortgage rates

According to a new Redfin report, concerns over affordability, economic uncertainty and tariff fears under a second Trump administration are giving buyers serious pause. As of March, the typical U.S. home took 47 days to sell, the longest stretch in si… Continue reading

Pending home sales tick up as buyers make cautious comeback

The Pending Home Sales Index (PHSI) rose by 2.0 percent to 72.0 in February, according to new data released Thursday by NAR. But contract signings fell 3.6 percent compared to last year. Continue reading

Pending home sales tick up as buyers make cautious comeback

The Pending Home Sales Index (PHSI) rose by 2.0 percent to 72.0 in February, according to new data released Thursday by NAR. But contract signings fell 3.6 percent compared to last year. Continue reading

Pending home sales fall 4.6% to an all-time low, NAR says

The Pending Home Sales Index (PHSI), which tracks home sales based on contract signings, dropped 4.6 percent to 70.6 in January, marking an all-time low, while pending transactions fell 5.2 percent year over year. Continue reading

Pending home sales decline 5.5% following months of growth

The Pending Home Sales Index (PHSI), which tracks contract signings as a measure of future home sales, fell 5.5 percent to 74.2 in December, according to data released Thursday by the National Association of Realtors. Continue reading

Typical days on market reaches slowest pace in 5 years: Redfin

Persistent market headwinds resulted in a slow beginning to the year, according to Redfin. The typical days on market reached 54 days this month — the slowest pace since 2020. Continue reading

Home tours are on the rise — but buyers aren’t making offers

Mortgage rates continue to be a thorn in homebuyers’ side into the new year, as evidenced by a downturn in contract signings despite greater home tour activity. Redfin’s latest market report revealed its Homebuyer Demand Index, a seasonally adjusted me… Continue reading

Pending home sales rise for 3rd month, driven by higher inventory

Driven by an improved housing inventory, pending home sales rose modestly in October, marking its third-consecutive monthly increase, according to data released on Wednesday by NAR. Continue reading

Renewed buyer activity boosts pending home sales 7.6%

Easing mortgage rates and increased inventory in September undercut buyer anxiety from the previous months, leading to a 7.6 percent month over month increase in contract signings. Continue reading