Falling home prices leave nearly 1 million Americans ‘underwater’

While negative equity rates remain low in most places, markets showing signs of concern include the Gulf Coast of Florida and Austin, Texas, ICE Mortgage Technology reports. Continue reading

15% of homebuyers ‘ghosted’ homesellers in September

As Halloween draws near and our minds become preoccupied with witches, wraiths and suddenly seized souls, homesellers are focused on another horror: the growing number of homebuyers backing out of the market. Continue reading

Buyer’s market now in doubt as new listings tank 7.3%

Zillow’s latest market report revealed a burgeoning seller retreat in August, as new listings dropped 7.3 percent in one month. However, there are still plenty of opportunities for buyers to make a deal, especially in the South. Continue reading

Broker Spotlight: The Agency Costa Rica

After more than 15 years leading some of the country’s biggest luxury sales, find out how the pair has partnered with The Agency “to raise the bar for clients, for agents and for how Costa Rica is represented globally.” Continue reading

Despite market shift toward buyers, they’re still backing away

Spring typically brings new energy to this housing market, but this year, the momentum is stalling. A flood of sellers has hit the market, but buyers are remaining on the sidelines, new data from Redfin shows. Continue reading

Number of cities with $1M starter homes balloons 174% from 2020

From 2020 to 2025, the number of cities with million-dollar starter homes has grown from 85 to 233. Twenty five states had these cities, with California and New York having the highest concentration. Continue reading

Buying vs. renting: The income gap is widening, Redfin says

The financial gap between owing and renting has grown significantly, making the dream of homeownership more distant, according to report released by Redfin Thursday. Continue reading

Bay Area, NYC buyers drive bidding wars as market shifts loom

A recent Redfin report found that 20.5 percent of homes sold above asking price in February, while 64.2 percent sold below and 15.4 percent sold at their asking price nationwide. Continue reading

Renting becomes sign of wealth as many opt against homebuying

A recent Redfin analysis of U.S. Census Bureau, MLS and county records from 2019 to 2023 found that in 35 of the 50 largest U.S. metro areas, wealthy renters are taking over the rental market. Certain cities, including San Jose, California; Raleigh, No… Continue reading

Insurance, property taxes taking a bigger bite of buyers’ budgets

With the average homeowner spending $442 a month on property taxes and insurance, real estate agents and mortgage lenders are urged to help clients shop for better deals. Continue reading