Tariffs, stalled construction threaten to end rent stability

As of March, the median asking rent dipped slightly year over year to $1,610. That’s just a 0.6 percent decline from the previous year and a slight 0.4 percent increase from February. While those very subtle changes have offered some relief to renters,… Continue reading

Home values have surged at 2X the normal rate since pandemic

Since 2020, U.S. home values have risen by 45.3 percent. In other words, more than 10 years of typical home value growth has been packed into a five-year period, a new report from Zillow shows. Continue reading

Housing inventory hits post-2020 high as unsold homes linger

In November, active listings rose 0.5 percent month over month and 12.1 percent year over year, according to Redfin’s analysis. Continue reading

Compass snags high-performing Rhode Island Sotheby’s team

The Blackstone Team is based in Providence and closed more than $95 million in sales volume last year. The team’s move to Compass comes amid intense competition for top talent. Continue reading

Bidding wars dip for first time in 2022 — but competition still fierce

Agents still face tough conditions despite homebuyer competition, according to a new report from Redfin. Competition is slightly less tough. Continue reading

The 10 hottest housing markets to watch in 2022

The top U.S. housing markets for 2022 are mostly affordable tech hubs with outdoor recreational opportunities that have become attractive alternatives to pricier coastal markets of late. Continue reading

Next year to be a ‘mixed bag’ for real estate: realtor.com report

Recent inventory shortages may ease somewhat in 2022, but demand will probably still exceed supply and affordability will be challenging. Continue reading

Annual apartment rent growth, occupancy hit new highs in July

The new highs surpassed records set between 2000 and 2001. As of July, the average monthly apartment rent in the U.S. hit $1,549. Continue reading

Investor home purchases exceed pre-pandemic levels, hit record high

Investors purchased 67,943 US homes during the second quarter, for a total value of $48.5B, the highest figure on record, according to Redfin. Continue reading

Love that pre-war architectural charm? Head to the East Coast

Buyers can get pretty opinionated when it comes to a home’s age and architectural style. Here’s a breakdown of where the country’s oldest and newest homes are located, and everything in between. Continue reading