In a year of sky-high demand, existing-home sales recorded a banner year with the sale of 6.12 million units and an 8.5 percent surge from…
Posts published in “days on market”
2021 came with Realtor misbehavior, rising legal and regulatory scrutiny and MLSs becoming tech investors after Zillow’s acquisition of ShowingTime. Source: Inman News
A new report from Redfin describes 2021 as “remarkable” and identifies numerous records that fell over the past 12 months. Source: Inman News
California Regional MLS CEO Art Carter told Inman that NAR’s Clear Cooperation Policy has resulted in more listings being marketed on the MLS, not fewer. …
While brokers see the study as reason to re-evaluate NAR’s pocket listing policy, MLSs push back on the study’s conclusions, pointing to a hot market.…
The median asking price of newly listed homes for sale surged 12 percent year over year to a record high of $361,250, according to a…
Total existing-home sales in July 2021 rose 2 percent on a seasonally adjusted annual basis from June to a rate of 5.99 million, according to…
California Association of Realtors blames lack of supply for “terrible consequences” on quality of life for potential buyers. Source: Inman News
Homes also sold at their priciest and quickest pace on record during June, but Redfin said that sales pace and market competition have now likely…