U.S. homes, on average, spent 19 days on the market during the four weeks ending July 17, a full day longer than the same period in 2021, according to data released Thursday by Redfin. Continue reading
Effective Oct. 3, NWMLS’s forms will specify that buyer broker compensation will come directly from sellers and offer new options for how listing agents and buyer agents will be paid. Continue reading
Ahead of Inman Connect Las Vegas, the leader of the Chicago-based brokerage said he’s better positioned than Redfin and Compass to grow into a changing market. Continue reading
In the month of June, just under 50 percent of home offers written by its agents faced competition on a seasonally-adjusted basis, the lowest rate in over two years, the brokerage reported. Continue reading
Q2 Consumer price growth exceeded 10 percent year-over-year in Phoenix, Atlanta, Miami and Tampa — each of which had among the nation’s strongest net inflow of interest in moving. Continue reading
A record-high number of homebuyers are prioritizing affordability as high home prices and mortgage rates limit their ability to buy homes in many United States cities, according to a new report from Redfin. Continue reading
The fast-paced cycle of the typical US home sale has begun to slow, paving the way for a recovery of the nation’s depleted home inventory. Continue reading
More sellers dropped their asking prices in June almost everywhere in the U.S. In some places, more than half of homes for sale saw a cut. Continue reading
A new report from the Fed suggests it was spiking demand, not a lack of homes for sale, that sent prices skyrocketing over the past two years. Continue reading
Fears of impending recession and a slew of prominent layoff announcements put only a moderate damper on real estate hiring last month, according to the U.S. Bureau of Labor Statistics. Continue reading