Why are active homebuyers now ready to list their old properties? The reasons vary by individual but also display some regional trends that track with the national inventory recovery, the Inman-Dig Insights survey found. Continue reading
New numbers from the National Association of Realtors show that pending sales rose 1.1 percent year over year in May. Continue reading
Amid fighting over the federal funds rate, NAR says home sales were 0.7 percent lower in May than a year ago as inventory rose to a 4.6-month supply Continue reading
As investors see local markets and rental prices soften, they’ve started to unload underperforming inventory at a record pace. Continue reading
In 2024, investors drove 11 percent of all U.S. home sales — the highest share in more than two decades. That translates to nearly 509,000 properties sold, according to data released Tuesday by Realtor.com. Continue reading
Even with more inventory entering the market, homebuyers are struggling with elevated mortgage rates, NAR Chief Economist Lawrence Yun said, leading to fewer signed contracts. Continue reading
Existing-home sales continued to fall in April, down 0.5 percent from March to a seasonally adjusted rate of 4 million last month, according to data released Thursday by the National Association of Realtors. Continue reading
Economic anxiety and rising mortgage rates curbed hopes of a robust spring, but economists tell Inman a strong new-home market offers a sliver of hope that the coming months will be better. Continue reading
According to data released Wednesday by the National Association of Realtors (NAR), contract signings jumped 6.1 percent in March. That represents the biggest monthly gain since December 2023, when pending sales rose 7 percent. In contrast, February on… Continue reading
Existing-home sales decreased by 5.9 percent from February and by 2.4 percent from March 2024 as homebuyers continued to deal with affordability challenges, said NAR Chief Economist Lawrence Yun. Continue reading