Man in a red shirt scrunches his face and holds a tissue up to his eye in a classroom with a chalkboard full of equations behind him.

Housing Market

What Happened to the Spring Market?

It’s officially summer, which means one thing in the real estate industry—we’ve moved past what is historically the busiest home buying and selling season of the year. But if the spring market is really over, it begs the question: what will the rest of 2023 be like?

June 27, 2023

Hand holding a magnifying glass over a densely packed suburban neighborhood

Housing Market

Construction Crisis: U.S. Needs 4.3 Million More Homes

A new Zillow report breaks down the affordability crisis in the U.S. showing the gap between household formation and available housing, which currently sits at 4.3 million missing homes.

June 26, 2023

Housing Market

The Books All Real Estate Agents Need to Read

Byron Lazine, Lisa Chinatti, and Tom Toole discuss the return of the savagely unhealthy housing market, housing inventory reaching its lowest level on record, rising builder confidence, and their top six book recommendations for knowledge brokers.

June 23, 2023

Dark minimalist living room with a tufted gray sofa, round wooden coffee table, and a vase of pink pampas grass on the left

Housing Market

Pale Neutrals Are Out: Why Buyers Are Paying More for Homes Painted in Dark Hues

A new Zillow report shows buyers pay more for homes with interior walls painted in dark hues rather than lighter neutrals—and about $2.5K more for dark gray kitchens.

June 23, 2023

Rolled bundle of U.S. dollar bills with a rubber band on a calendar showing 'PAY RENT!' written in blue ink.

Housing Market

Rent Prices vs. Inflation and Income Growth

Rent has surged by 208% since 1985, surpassing both inflation and income growth, according to new research from Real Estate Witch.

June 23, 2023

Neon sign on a brick wall reading 'PRICE DROP' in green for PRICE and yellow for DROP.

Housing Market

From Growth to Decline: Realtor.com Now Predicts a Drop in Home Prices for 2023

Realtor.com® has issued its 2023 Forecast Update, showing a drop in mortgage rates to 6% by the end of the year, a slight decline in home prices, negative rent growth, and the total count for home sales hitting its lowest point since 2012.

June 23, 2023

Urban shopping district at dusk with modern brick and glass storefronts, pedestrians and street lamps.

Housing Market

Adding “Learn” to Mixed-Use Communities: 70% of Parents Want Quality Child Care in Live-Work-Play Developments

A recent survey conducted by OnePoll in collaboration with Primrose Schools shows nearly 70% of parents want to add quality child care and early education to mixed-use communities.

June 22, 2023

Redfin stock chart with a sharp downward trend and dollar bills on the side, suggesting a financial decline for the company.

Housing Market

Active Housing Inventory for May Falls to Lowest Level on Record

A new Redfin report shows a 7.1% annual drop in homes for sale in May to 1.4 million. Record-low inventory is propping up prices and intensifying competition, boosting the average sale-to-list-price ratio to 100% after nine straight months of sub-100% ratios.

June 22, 2023

Smiling construction worker in a yellow hard hat gives a thumbs up; NAHB and Wells Fargo logos overlay the background behind him.

Housing Market

Unveiling Builder Sentiment: Behind The Rise In Confidence For New Homes

The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) rose five points in June 2023 to 55, lifting builder confidence into positive territory, thanks to solid buyer demand, lack of inventory, and improved supply chain efficiency.

June 21, 2023

Map of the United States overlaid with state shapes and flags (Alaska, California, Texas) and a man in a cowboy hat pointing to the right, with a decorative arc across the center.

Housing Market

The “Texodus” Migration: Over 100K Made the Switch in 2021

A new report from StorageCafe shows migration routes from California to Texas have gotten more crowded as Americans relocate to benefit from more affordable housing and abundant job opportunities. Over 100K made the switch in 2021.

June 16, 2023

Two professionals running in an alley; man labeled 'Rates', woman labeled 'Sellers'.

Housing Market

Staying Put: 92% of Homeowners with a Mortgage are Locked Into Rates Under 6%

A new report from Redfin shows more than nine in ten U.S. homeowners with mortgages locked into rates below 6% and 80% with rates under 5%. With today’s rates hovering just under 7%, most homeowners are staying put, keeping inventory near record lows.

June 15, 2023

Nighttime aerial view of a suspended platform with two groups and signs reading Buyers (left) and Sellers (right).

Housing Market

What Do Buyers Really Want? Insights From Curbio Highlight Buyer-Seller Disconnect

Curbio, Inc. released its Preparing to Sell: 2022 Home Improvement Report, showing a disconnect between what buyers want and what sellers are willing to do.

June 14, 2023

What Happened to the Spring Market?

Construction Crisis: U.S. Needs 4.3 Million More Homes

The Books All Real Estate Agents Need to Read

Pale Neutrals Are Out: Why Buyers Are Paying More for Homes Painted in Dark Hues

Rent Prices vs. Inflation and Income Growth

From Growth to Decline: Realtor.com Now Predicts a Drop in Home Prices for 2023

Adding “Learn” to Mixed-Use Communities: 70% of Parents Want Quality Child Care in Live-Work-Play Developments

Active Housing Inventory for May Falls to Lowest Level on Record

Unveiling Builder Sentiment: Behind The Rise In Confidence For New Homes

The “Texodus” Migration: Over 100K Made the Switch in 2021

Staying Put: 92% of Homeowners with a Mortgage are Locked Into Rates Under 6%

What Do Buyers Really Want? Insights From Curbio Highlight Buyer-Seller Disconnect

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