It seems that the new year will not bring any relief to weary homebuyers who have been fighting repeated months of low inventory, high prices, and inflation. According to the latest iteration of the Market Pulse Report from HouseCanary, a real estate valuation brokerage whose ...
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Inventory Finds New Low in November
If you thought the housing supply hit rock bottom in February, you thought wrong. According to a new report from Redfin, the number of homes available for sale fell by another 38,000 units finding a new low by the end of November suggesting more hardships for burnt-out ...
Read More »Housing Market Still Rife With ‘Stiff Competition’
No matter how you look at it, now is a great time to be a home seller as the median sale price of an existing single-family home rose again last quarter to another record high. According to the National Association of Realtors (NAR), they attributed the rise ...
Read More »Home Sale Profit Margins Hit 10-Year High
In Q3, home sellers earned record profits, as the median U.S. home price jumped 16% to $310,500, reaching levels not seen in a decade.
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