New listings were down 19 percent during the four-week period ending May 7, while pending home sales were down 16 percent, according to a new report from Redfin
Source: Inman News
Spring market falls short, but low inventory is driving up competition
Published in austin, Gabriel Recio, homebuying season, Markets & Economy, Redfin, Select, spring market, Taylor Marr and texas
More from austinMore posts in austin »
More from homebuying seasonMore posts in homebuying season »
- August existing-home sales may have been lowest in a decade
- RE/MAX stays profitable as US agent count, revenue decline
- New-home sales climb nearly 11%, but figures may be ‘overestimated’
- Rising mortgage rates take wind out of spring homebuying sails
- A ‘herky jerky’ start to the spring buyer season isn’t deterring agents
More from Markets & EconomyMore posts in Markets & Economy »
More from RedfinMore posts in Redfin »
- Here’s what comes next in the Compass-Anywhere deal
- Compass to acquire Anywhere in $1.6B deal, capping rise to top
- How the growing buyer power shift is reshaping the real estate market
- These are the states where homeowners will benefit most — and least — from new SALT cap
- Compass calling foul on MLS rules is hypocrisy
More from SelectMore posts in Select »
- What real estate agents can learn from TikTok, Tylenol and Disney
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Former agent convicted of swindling woman out of her home
- Is fall the new spring? Market winds may be shifting, NAR says
- I’ve studied real estate marketing for 31 years. Here are 7 essentials for effective marketing campaigns
More from spring marketMore posts in spring market »
- What does it take to sell a home every 75 minutes? The Download
- 10 ways for new agents to grab market share this spring
- What’s the best strategy that you’ve picked up this spring? Pulse
- In like a lion: 10 ways to grab market share this spring
- Chris Kelly on taking the reins at HomeServices, Compass chatter
More from Taylor MarrMore posts in Taylor Marr »
- Fewer than 2% of homes changed hands in 2023, marking 10-year low
- US rent hits just shy of all-time record high: Report
- Massive metro-to-metro home price gaps reach 13-year highs
- Low inventory prevents prices from falling even further: Report
- Home sales are cooling — but the competition is red hot. What gives?
More from texasMore posts in texas »
- How a government shutdown would affect real estate agents
- Why Flyhomes is quitting the real estate brokerage business
- Better shares soar on bullish thesis by activist investor Eric Jackson
- How the growing buyer power shift is reshaping the real estate market
- Pacaso plans to launch ‘bespoke’ co-ownership mortgage in Q4
Be First to Comment