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.
A new Redfin report shows home prices for May 2024 rose 0.3% from the previous month—the smallest monthly increase on a seasonally adjusted basis since January 2023.
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.
According to Freddie Mac,, U.S. housing supply is 1.5 million shy of the units needed to restore balance to the housing market.
Zillow released its Housing Market Report for April 2024, highlighting the best markets for homebuyers. Florida and Texas have seven of the top 10 metro areas listed, thanks to strong construction numbers, which have eased buyer competition.
Tom Toole shares two ResiClub charts along with simple scripts to address common objections and empower buyers and sellers through education.
According to the Q1 2024 Fannie Mae Home Price Expectations Survey (HPES), a panel of 100+ housing experts forecasts home price growth of 3.8% in 2024 and 3.4% in 2025, as well as a median 6% 30-year fixed mortgage rate by the end of 2024.
Lance Lambert, founder of ResiClub, appeared on last week’s Knowledge Brokers Podcast to discuss, among other things, the ‘silver tsunami’ theme in real estate and Meredith Whitney’s projections on housing supply in 2024.
Lawrence Yun, chief economist for the National Association of Realtors (NAR) reacts to Tuesday’s Census data release showing a surge in U.S. housing starts in November.
Zillow released its November market report with some encouraging news for homebuyers as lower rates and slight declines in home values bring small improvements to housing affordability as sellers add new inventory and are more likely than normal to cut prices.
Zillow’s 2024 housing market predictions offer some hope with increased inventory, stabilized costs, and AI integration.
According to the National Association of Realtors® (NAR), existing home sales in October hit their lowest point since 2010, dropping 4.1% from September and falling 14.6% year over year.
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