According to a new Redfin report, home prices are not falling in any U.S. metro for the first time since July 2022. In related news, the national median monthly mortgage payment climbed 15% year over year, reaching an all-time high.
Discover how a 22-year-old real estate agent turned open houses into a lucrative lead source. Learn the strategies Katie Kenny used, from pre-marketing and neighborhood outreach to follow-up tactics, to attract buyers and sellers and build a successful business.
Zillow released a new report showing over 20% of homeowners are now considering selling their homes within three years, largely due to the drop in mortgage rates and overall (though slight) improvement in housing affordability.
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.
Housing market updates from Zillow and Redfin show a decline in home values from August to September, an uptick in annual price growth, and a slight increase in active listings as elevated mortgage rates drive buyers away from the market.
The latest market report from Zillow shows monthly upticks in both home values and new listings for August 2023, despite high mortgage rates. Inventory remains more than 40% below pre-pandemic norms.
A new Redfin report shows new builds account for nearly one-third (31.4%) of available inventory—the highest second-quarter share on record.
Tom Storey breaks down the video he sends out twice a year: the video CMA or “real estate health check.” With a detailed video demonstration, he highlights the kind of information to share, what details NOT to include, and why this should be part of your content strategy.
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.
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.
A new report from Redfin shows the median home sale price dropping 4.1% ($17,603) year over year in April—the biggest annual drop in dollar terms and the steepest annual decline in percentage terms since January 2012.
Realtor.com has released its Monthly Housing Trends Report for April 2023, revealing how a lack of sellers is impacting the spring housing market as buyers have a harder time finding homes and affording them with higher rates and home prices.
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