Tag Archives: Home Sellers

The nation’s average home value has reached a new all-time high, according to a new report from Zillow, and while steady demand from buyers has fueled July home price increases, experts are now calling for a late-summer seasonal cooldown.

While housing affordability remains unbalanced nationwide, many Americans remain worried about housing costs. However, a new market study from WalletHub reveals which cities are the best and worst for first-time homebuyers, with multiple Florida metros topping the list with the greatest buying opportunities.

Existing-home sales fell in June, as all four regions recorded year-over-year sales declines, according to NAR, with the South and West posting the largest decreases.

Due to the increased cost of living and evolving work trends, Americans are now moving to smaller cities with lower median home values, according to a new report from Gravy Analytics.

According to a new study from Home Bay, it is cheaper to rent than purchase a home in 45 of the 50 most populous U.S. cities, with San Jose, California, ranked the most expensive city for buying a home, whereas Pittsburgh was named the most affordable.

A new study from LendingTree details some of the factors that make the pursuit of the American dream of homeownership such a stressful process for prospective buyers.

"Despite sluggish pending contract signings, the housing market is resilient with approximately three offers for each listing," said NAR Chief Economist Lawrence Yun. "The lack of housing inventory continues to prevent housing demand from being fully realized."

With nearly 26% fewer homes newly listed for sale compared to last year, active inventory slowed for the fourth month in a row, according to the Realtor.com Monthly Housing Trends Report for June.

Despite the high risk of drought and flooding, Phoenix ranks as the most popular destination for homebuyers looking to move to a different part of the country, followed by Las Vegas and several Florida metros, according to a new report from Redfin.

While relatively uncommon in most of the U.S., the share of million-dollar homes is growing at a moderate pace. A new analysis from LendingTree reveals which metros have the highest share of million-dollar properties.