
Housing Inventory Climbs to Highest Level Since May 2020
August 2024 saw a 35.8% increase in active housing inventory—the highest level since May 2020, according to Realtor.com’s latest housing trends report.

August 2024 saw a 35.8% increase in active housing inventory—the highest level since May 2020, according to Realtor.com’s latest housing trends report.

The Realtor.com® July Housing Report shows the housing market is becoming more buyer-friendly with a 36.6% increase in active listings and an increase in price reductions.

New reports from Zillow and Redfin highlight the origin and impact of inventory growth in 2024, as more homeowners list their homes while buyers take a step back, pushing inventory up and increasing days on market and the share of homes with price cuts.

Tom Toole shares his top seven proactive strategies for agents serving today’s home buyers.

A new report from Redfin highlights the ten fastest housing markets in the U.S., led by Albany, NY, where the typical home went under contract in just eight days. A typical home in Austin, TX is taking almost two months to go under contract.

A new NAR report shows April existing home sales have dropped month over month by 3.4% and year over year by 23.2%. Inventory of unsold existing homes grew 7.2% month over month to 1.04M—equal to 2.9 months’ supply at the current monthly sales pace.

New Zillow research shows today’s buyers are willing to spend more on these top 10 home features, with a clear preference for practical ones like steam ovens and doorbell cameras.

With days on market increasing in 48 of the 50 largest markets, sellers must attract buyers. Here’s what you need to know.

Airbnbust, cooling home prices, longer days on market, and Mark Zuckerberg’s miss are today’s topics as Shannon Gillette and Dustin Brohm join Byron Lazine and The Broke Agent.
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