As buyers cautiously reentered the market, existing-home sales rose 4.2 percent from January to 4.26 million, according to data released Thursday by NAR. Compared to…
Posts published in “winter homebuying season”
Pending home sales fall 4.6% to an all-time low, NAR says
By The Citizen on February 27, 2025
The Pending Home Sales Index (PHSI), which tracks home sales based on contract signings, dropped 4.6 percent to 70.6 in January, marking an all-time low,…
Bidding wars hit the luxury market hard in December: Redfin
By The Citizen on January 19, 2022
Winter weather didn’t slow down buyers in December, according to Redfin’s latest market report. Although all buyers faced bidding wars, luxury homebuyers bore the brunt…
July unemployment report shows a long road to recovery
By The Citizen on August 7, 2020
Despite improvements in unemployment and payroll, the July unemployment report shows the U.S. is still far from its pre-pandemic economic strength. Source: Inman News
Prime homebuying season is getting earlier each year: Realtor.com
By The Citizen on December 18, 2019
A new realtor.com market report revealed that buyers in 20 of the 100 largest markets are beginning their home search in January. Source: Inman News