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Daily Dose

Another Strong Year Ahead?

First American Financial Corporation released First American’s proprietary Potential Home Sales Model (PHSM) for March 2022, showing that potential existing-home sales decreased to a 5.97 million seasonally adjusted annualized rate (SAAR) — a 3.2% month-over-month decrease. The market potential for ...

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Spring Buying Season Starts Strong

According to the RE/MAX National Housing Report for March 2022, March home sales jumped 32.2% over February, posting a report record median sales price of $360,000. As buyers continued to outnumber sellers, the monthly supply of inventory reached a record ...

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Hottest March on Record

According to a new report from Redfin, it was the hottest March ever recorded for the housing market, with homes selling at their fastest pace and for more above list price than any other March on record. The median home-sale ...

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