Inventory is up and rates are down as fewer buyers face stiff competition and successfully find homes in less than a month, according to new…
Posts published in “homebuying”
Pending home sales jump as buyers eye lower mortgage rates
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…
Home-sale prices dipped in 11 metros as buyers show caution
As of April 20, home-sale prices fell across 11 U.S. metro areas, marking the first time this many markets have seen year-over-year declines since September…
Existing-home sales fall to slowest pace since 2009 amid rising costs
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…
Tap into the growing numbers of buyers insisting on upgrades
Smart home improvements make all the difference between a listing that slowly sells and one that truly stands out in the market, team leader Carl…
Concessions surge as homesellers offer sweeter deals in sour markets
In the first quarter of the year, 44.4 percent of homesellers included concessions in their deals, just shy of the record 45.1 percent seen at…
Private listings negatively impact both buyers and sellers: Watchdog
Stephen Brobeck, senior fellow at the Consumer Policy Center, examines competing interests and competing policies to determine which will benefit consumers. Source: Inman News
Homes are sitting longer and not just because of mortgage rates
According to a new Redfin report, concerns over affordability, economic uncertainty and tariff fears under a second Trump administration are giving buyers serious pause. As…
1 in 4 Americans will pause major purchases, like homes, amid tariffs
Tariff threats have left Americans on edge, with 24 percent of U.S. adults saying they’re canceling plans to purchase a home or car due to…
Checkmate or alienate? Reactions mixed as firms align with Zillow
NextHome threw its support behind Zillow’s private-listing policy Friday, the second brokerage to officially back the plan, as rival portals and critics of NAR’s Clear…