Join 2,100+ agents closing more deals → Start here!

Events
Pods
Articles
Work With Us
JOIN BAMx
About

Events
Pods
Articles
Work With Us
JOIN BAMx
About

Housing Market

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

Two businesspeople exchanging money, with a bold 'Monthly Mortgage Payments at All-Time High' headline overlay on a gray background.

Housing Market

Monthly Mortgage Payments at an All-Time High

According to a Redfin report, the typical homebuyer is spending $2,563 on housing each month. This puts monthly mortgage payments at an all-time high, while another report shows rent growth continues to slow.

March 13, 2023

Housing Market

Jerome Powell, FOMC Meeting, Housing Inventory and More

Lisa Chinatti and Tom Toole discuss the Senate hearing with Jerome Powell, climbing mortgage rates, the 6.5 million housing unit shortage, conflicting data for unemployment, and the challenges facing buyers and sellers in the current market.

March 10, 2023

Housing Market

Housing Risk Report Spotlights Most Vulnerable Markets in Q4 2022

According to a special Housing Risk Report released by ATTOM, California, Illinois, and East Coast markets top the list of areas most vulnerable to declines.

March 10, 2023

Zillow branding with the slogan 'Expert Solutions To Housing Affordability Issues' over a modern apartment building background.

Housing Market

Could This Solve Housing Affordability Issues?

Housing market experts in Zillow’s Home Price Expectations Survey (ZHPE) say relaxing zoning rules would be one of the best ways to solve housing affordability issues

March 9, 2023

Housing Market

Housing Sentiment Falls, Nearing All-Time Low & Breaking a 3-Month Upward Trend

With month-over-month drops in four HPSI components, the Fannie Mae Home Purchase Sentiment Index, dropped 3.6 points to 58.0 in February, breaking its three-month streak of improvements in housing sentiment and pulling the index closer to its all-time low.

March 8, 2023

Row of colorful Victorian houses on a steep street with a distant city skyline and cloudy sky behind them.

Housing Market

21% of Home Listings were Affordable in 2022

A new Redfin report shows only 21% of home listings were affordable for the typical U.S. household in 2022, down from 40% in 2021. Only 9% of homes for sale were affordable for the typical Black household, compared to 28% for the typical white household.

March 7, 2023

Banner with the headline: 'Expert Panel Predicts Where Home Prices Are Going in 2023' over a split blue sky and fiery orange background with gold corner brackets.

Housing Market

Expert Panel Predicts Where Home Prices Are Going in 2023 (and Beyond)

An expert panel of housing economists surveyed by Zillow predict home prices will bottom out in 2023, falling by 1.6%, and then grow by an average 3.5% from 2024 to 2027; 63% expect the 30-year mortgage rate to reach its zenith for the year in Q1 before falling.

March 6, 2023

Collage for Knowledge Brokers Podcast with three hosts around a central rising-graph image and a smiling woman at bottom left/right.

Housing Market

7% Mortgage Rates & Housing Crisis EXPLAINED

Byron Lazine, Tom Toole, and special guest Lisa Chinatti discuss the return of 7% mortgage rates, persistently low inventory, and the mortgage rates forecast. They also weigh in on whether the Fed screwed up and made things worse.

March 4, 2023