A new survey conducted by Clever Real Estate examined homebuyer and seller regrets about their recent experiences, including looks at post-purchase financial struggles and how many of those surveyed view now as a good time to engage with the housing market.
Read More »Fannie Mae Forecasts Stronger Q1 GDP Growth Following Bank Failures
According to Fannie Mae's Economic and Strategic Research Group, experts project the gradual tightening in credit conditions due to recent bank turmoil will contribute to a modest recession beginning in the second half of 2023. Click here to learn more.
Read More »Report: YoY Pending Sales Down 30% Nationally
A new report from the National Association of Realtors shows pending home sales numbers improving on a monthly basis for the first time in six months. Click through to read Chief Economist Lawrence Yun’s thoughts on the matter.
Read More »Housing Market Continues to See Increase in Inventory
According to the Realtor.com Monthly Housing Trends Report for December, inventory closed out the year up by 55% but remains below historic levels.
Read More »Study: Homes in Snowiest States Cost Nearly $57,000 More
A new study from LendingTree found that median-priced homes in the states with the most snow are more expensive, on average, than median-priced homes in the states with the least snow. Here are the full findings.
Read More »Housing Inventory Posts Record Increase as Rates Drop
New data from Redfin’s Homebuyer Demand Index showed that on average, some 6% of homes for sale each week had a price drop, down sharply from 7.5% in November and up nearly 3% from a year earlier.
Read More »October Pending Home Sales Took Biggest Monthly Tumble Since 2013
As housing deal cancellations and home price cuts hit record highs, new data from Redfin's latest market analysis showed pending sales dropped 32% year-over-year in October, marking the largest decline since 2013.
Read More »Slowdown in Supply and Demand Force Sellers to Improvise
As many would-be home sellers are holding onto their existing homes, properties are now staying on the market longer according to the latest Zillow analysis, leaving sellers to try and draw in homebuyers with attractive listings and price drops.
Read More »First-Time Buyers More Likely to Take Financial Risks
American homebuyers persevered through high prices and fierce competition in 2021 and 2022, but few landed their dream home as 80% reported compromising on their priorities, according to a new report from Anytime Estimate. First-timers paid a median of $77,500 over ...
Read More »Pending Home Sales Rise Slightly From April
Pending home sales inched higher in May, ending a six-month streak of declines, according to the National Association of Realtors. Regionally, month-over-month results were mixed as the Northeast and South experienced increases while the Midwest and West posted decreases. Year-over-year ...
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