Redfin reports that in the month of March 2020, the national median home-sale price hit a record high of $353,000, up 17% from 2020, and a record high rate of growth. Regionally, median sale prices increased from over 2020 in ...
Read More »California Housing Market Ends 2020 on a High Note
Despite a myriad of obstacles stemming from two pandemic-induced lockdowns and a problematic economy that forced many residents and businesses to leave the state, California's housing market closed 2020 with a vibrant sales rate and a fifth record-high median price ...
Read More »Why Are Americans Putting Off Selling Their Homes?
The competition among homebuyers is intense and home prices have been soaring in recent months. The cause of this heated competition and rising prices is the short supply of homes for sale. This lack of inventory has been prevalent across ...
Read More »The Cities at Minimum Risk From a Housing Downturn
A new study shed light on which metros’ housing markets had the most and least to worry about from a recession. But three cities won’t have to worry much. Hint: They’re all in the Northeast.
Read More »What is Driving Housing Sentiment?
Though favorable mortgage rates continue to support increased refinance activity, the latest data from Fannie Mae takes a look at the factors that could dampen housing sentiment.
Read More »Mortgage Debt Through the Years
Mortgage debt is at an all time high, and a new report puts the debt into perspective.
Read More »A Question of Housing Affordability
A new study gives insights into what has changed for the housing market since the Great Recession and the way forward. But will affordability remain a thorn in the path to growth?
Read More »A Positive Outlook for Home Demand?
How are housing and other macroeconomic trends likely to impact the demand for homes? Here’s what reports by Fannie Mae and Freddie Mac revealed.
Read More »The Risks of First-Time Home Flipping
Though recent polls show that real estate investment is on the rise, some first-time house flippers are seeing that as home prices decrease, so do returns.
Read More »Making Sense of Home Sales
February saw a minor drop in pending home sales. In this video spotlight, National Association of Realtors Chief Economist Lawrence Yun discusses how to make sense of the decline.
Read More »