Many buyers are still considering second-home purchases, but the number was down from last year’s blistering levels. Source: Inman News
Posts published in “home sales”
Projected growth in new home sales wouldn’t offset expected drop in existing home sales, according to Fannie Mae’s latest monthly forecast. Source: Inman News
The tech startup’s data suggests that, thanks to the pandemic and low interest rates, home sales will see less of a seasonal drop off this…
Home sales declined in August on a seasonally adjusted basis, settling in 6 percent lower than the same time last year. Source: Inman News
Fix-and-flip investors have seen their lowest profit margins in a decade, with the typical return falling to 34 percent. Source: Inman News
John Burns Real Estate Consulting’s new Resale Housing Market Index report reveals how buyers are struggling to beat investors in a frenzied market. Source: Inman…
The historically low level of inventory for sale suggests that any rate-related increase in sales will be muted due to the inadequacy of listings needed…
Fewer properties are considered seriously underwater now that rising home prices have put homeowners with mortgages in a better position. Source: Inman News
California Association of Realtors blames lack of supply for “terrible consequences” on quality of life for potential buyers. Source: Inman News
International buyers were less involved in the U.S. housing market during the first year of the pandemic — but that may soon change. Source: Inman…