Home prices continued to rise—new listings increased slightly, but gains were dwarfed by rise in pending sales.
The post Housing Market Sees Biggest Uptick in New Listings in Almost 2 Years as Pending Sales Surge 21% appeared…
Nearly 55% of Redfin offers for homes faced bidding wars in August. Competition is fierce in coastal California and more affordable places.
The post More Than Half of Redfin Offers Faced Bidding Wars in August as…
Relatively affordable places including San Antonio and Baltimore have seen housing supply plummet, while San Francisco has experienced a flood of homes for sale as Americans flee dense, expensive cities
The post America’s Housing Shortage Is Intensifying…
Historically low rates are motivating homebuyers even though prices were up 8.2% year over year in July, effectively cancelling out the increase in purchasing power.
The post Homebuyers on a $2,500 Monthly Budget Can Afford $33,000…
The U.S. housing market heated up even more, with home prices and measures of competition charging ahead, unfazed by seasonality during the four-week period ending August 23.
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The coronavirus pandemic is exacerbating the trend of moving from expensive coastal areas like San Francisco and New York to affordable inland places like Sacramento, Phoenix and Las Vegas.
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San Francisco has seen a greater increase in price drops than any other U.S. metro, with the share of sellers slashing prices more than doubling from a year ago as the pandemic drives homebuyers out of…
We delved into July housing market data to analyze whether homebuyer interest in additional space has translated to a hotter housing market for bigger homes. The answer? Yes—but only slightly.
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Home prices continued to rise during a time of year that they usually decline, and pending home sales are way up from 2019.
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A surge in homebuilding before the pandemic is now driving growth in new-home sales. A shift to the suburbs and record-low mortgage rates are also contributing factors.
The post Sales of New-Construction Homes Rebound to Pre-Coronavirus Levels,…