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Housing Market

Hot Sheet

What the Fed’s Rate Hike Means for the Housing Market: Hot Sheet Recap

The Hot Sheet recap for May 1st – 5th covers what the Fed’s rate hike means for the housing market, the current seller’s market, CoreLogic’s Home Price Insights, and Steve Harney’s take on home prices.

May 6, 2023

Living room with large ocean-view windows; ATTOM branding and the headline 'Best Months to Sell a Home' overlaid on the image.

Housing Market

The Best Months to Sell a Home are Here

Based on a recent ATTOM analysis, the best days of the year to sell a home are in the months of April, May, and June, when home sales offer seller premiums of 10% or more over market value. The top 16 best days to sell are in the month of May alone.

May 5, 2023

Aerial view of a downtown city skyline along a curved shoreline at dusk, with tall glass buildings and calm blue water reflecting lights.

Housing Market

Top 10 Metros for Inflow and Outflow: New Relocation and Immigration Patterns

A new Redfin report shows the number of Redfin users looking to relocate to different metros declined less than buyers searching within their current metros, though immigration to pricey coastal metros partly offsets the outflow to more affordable ones.

May 3, 2023

Housing Market

NAR Reports Decline in Pending Homes Sales and a New Housing Market Forecast

The National Association of REALTORS® announced a drop in pending home sales for March 2023. NAR also shares its housing market predictions for 2023-2024

May 2, 2023

Housing Market

Sellers See a Decline in Profits in Q1

ATTOM released its Q1 2023 U.S. Home Sales Report, which shows seller profit margins on single-family home and condo sales across the country fell to 44.2% as home prices remained flat in three quarters of the U.S.

May 2, 2023

Hot Sheet

A Complicated Housing Market: Hot Sheet Recap

The Hot Sheet recap for April 24th – 28th covers the latest numbers in today’s complicated housing market, including pending home sales, housing inventory, and home price reports. Plus, more misleading headlines regarding the new mortgage rule.

April 29, 2023

Urban plaza with glass office towers, wide concrete steps, and people walking or sitting nearby.

Housing Market

Rate Pauses May Force Landlords in Canada to Sell or Raise Rents

The Bank of Canada’s decision to hold interest rates steady may force landlords in Canada, squeezed by the increase in their monthly mortgage payments, to raise rents or start selling their investment properties.

April 28, 2023

Housing Market

Redfin Report Reveals 1 in 7 Investors Losing Money

A new Redfin report finds real estate investors losing money on about one of every seven (13.5%) U.S. homes they sold in March, largely due to high mortgage rates dampening buyer demand.

April 26, 2023

Happy couple posing with house keys during a move-in, with boxes in a living room behind them.

Housing Market

Homeownership by Age 25: Comparing Gen Z to their Parents

In the race to homeownership, Gen Z gained a slight edge over their parents’ generation. A new Redfin report shows 30% of Gen Z reached homeownership by age 25 in 2022, compared to 27% of Gen X, 28% of millennials, and 32% of baby boomers at that age.

April 25, 2023

Housing Market

Calling All Knowledge Brokers: Help Consumers Make Sense of the Latest Housing Market Reports

Four different housing market updates—from Fannie Mae, Redfin, NAR and Zillow—highlight home price changes and challenges for entry-level home shoppers. At first glance, opposing headlines could be confusing for consumers.

April 24, 2023

Joyful young woman in a light blue shirt raises her arms as dollar bills float around her.

Housing Market

What Are The Odds? Winning the Lottery vs. Homeownership

New Zillow research reveals over half of Gen Z and millennials who are not homeowners believe they would have to win the lottery to afford a home purchase.

April 24, 2023

Roller-coaster carriages climb a steep track with a white diagonal banner reading 'HOME PRICES' across the cars, against a cloudy sky.

Housing Market

The Biggest Home Price Drop in Over a Decade is Here

A new Redfin report shows that home prices fell 3.3% in March, marking the biggest annual drop in over a decade nationwide. But home prices vary greatly based on the local market.

April 20, 2023