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Housing Market

Couple reviewing papers on a couch with a laptop, overlaid by realtor.com’s banner text about rent affordability getting worse.

Housing Market

Is Rent Affordability Getting Worse?

The Realtor.com® February Rental Report shows a decline in rent affordability, with February marking the seventh consecutive month of single-digit rent increases for 0-2 bedroom units and accelerated rent growth for two-bedroom units after 12 months of slowing.

March 24, 2023

Housing Market

REAL’s Big Changes & The Return of Bidding Wars

Travel vs. homeownership, fee hikes at Real Brokerage, the return of bidding wars, and 7 types of content agents should be creating are today’s topics as Lindsey Jo, Lexi DePasquale, and Linzi Brouhan join Captain Dan Oneil.

March 23, 2023

Housing Market

The Real Estate Standoff: Existing Home Sales are Up, Despite Reluctant Sellers

According to the National Association of REALTORS® (NAR), existing home sales increased 14.5% month over month in February but fell 22.6% year over year. Meanwhile, inventory remains low and higher mortgage rates are keeping sellers on the sidelines.

March 22, 2023

Housing Market

Redfin Reports First Annual Drop in Home Prices Since 2012

A new Redfin report for February 2023 shows the first annual drop in home prices since 2012, with sales in San Jose and Austin falling 12 times faster than the national average.

March 20, 2023

Mountain town street at dusk with colorful storefronts and the overlay text 'Top 10 Markets for Buyers & Sellers'

Housing Market

Top 10 Markets for Buyers and Sellers

We’ve compiled the latest data from Realtor.com to give you a glimpse into the top 10 markets for both buyers and sellers.

March 20, 2023

Six-panel video thumbnail collage around a bold 'HOT SHEET' banner, covering market topics like growth, prices, and reactions for a podcast/video.

Housing Market

Here’s What You Missed This Week in Real Estate: Hot Sheet Recap March 13th-17th

There’s an immense amount of real estate news and data to sift through every week—not to mention the trends that are happening in your local market. Here’s the BAM Hot Sheet recap for March 13th-17th.

March 18, 2023

Housing Market

The Largest 3D Printed Home in America Just Hit the Market

The largest 3D printed home in America is now live on the market on Long Island. The fully 3D printed home was built with SQ4D’s industry-leading 3D printing technology in partnership with Handsome Homebuyer and is listed by Dan Oneil.

March 17, 2023

Three colleagues discuss mortgage news around a table, with a central woman in a blazer and a headline: Mortgage Demand Up As Rates Drop.

Housing Market

Mortgage Demand Rises after Bank Collapse Caused Rates to Drop

With the SVB collapse taking place a week ago, mortgage rates dropped from a four-month high of 7% to around 6.5% for 30-year fixed rates. With lower rates, mortgage demand increased 6.5% week-over-week.

March 17, 2023

Smiling businessman holds stacked coins in his outstretched hand, with a bold overlay reading 'REDFIN > 45%'.

Housing Market

Seller Concessions on the Rise

A new Redfin report shows a rise in seller concessions — with 45% of sellers providing incentives for buyers, with a record 13% of sales involving both price cuts and concessions.

March 16, 2023

Housing Market

Why Realtor.com Says April 16-22 Will Be The Best Time To Sell in 2023

According to Realtor.com, the best time to sell property in 2023 is April 16-22, which offers the best combination of market conditions, as long as sellers prepare for listing with calculated repairs, valuable updates, and effective marketing tactics.

March 16, 2023

Housing Market

Top 20 Most Competitive Rental Markets in 2023

Here are the top 20 most competitive rental markets, according to the Rental Competitivity Report by RentCafe. while the rental landscape has shown some improvement compared to a year ago, rental competition has significantly increased in the nation’s largest rental hubs.

March 15, 2023

Backdrop of a city skyline overlaid with a large dollar bill and gold square-bracket accents, featuring the headline “The Decline of Million-Dollar Cities in the U.S.” as a hero image for an economics article.

Housing Market

The Decline of Million-Dollar Cities in the U.S.

The number of U.S. cities where the typical home value is $1M or more was 522 in July 2022. In January 2023, six months after that peak, the number was 464. California alone has 190 million-dollar cities, down from 210 last July.

March 14, 2023