According to the Realtor.com Monthly Housing Trends Report, new data suggests that the U.S. housing supply is preparing to rebound, as active listings posted the smallest year-over-year declines —down just -12.2% since December 2019. Inventory improvements were led by increases ...
Read More »Affordability, Down Payments Cited as Barriers to Homeownership
The lack of affordable homes is now firmly seated as the top reason holding potential buyers back from entering the housing market, according to a new study from the National Association of Realtors (NAR). This finding comes to us from ...
Read More »Survey: Three-in-Five Plan to Move in the Next Year
The housing market is currently in a tizzy—prices hit new records seemingly every day, while inventory sits near record lows. Even with the market in its current state, people still need places to live, and overwhelmingly, they found them. Knowing ...
Read More »Largest Share of Buyers Purchased Homes in Suburbs, Rural Areas
The share of millennial home buyers increased significantly over the past year, according to the latest study from the National Association of Realtors 2022 Home Buyer and Seller Generational Trends report. The NAR report found that the combined share of ...
Read More »Bidding War Competition Heightens
Experts say bidding wars are likely to remain commonplace, as cash offers are becoming an effective strategy to buy a home with multiple offers.
Read More »Pending Sales Down From 2021
Active listings fell 29% year-over-year, dropping to an all-time low of 440,000, while listings were down 50% from the same period in 2020.
Read More »Digital Discomfort Within the Mortgage Process
A new study has found that as the industry has embraced more digital advancements, prospective buyers continue to face frustration and friction throughout the loan process.
Read More »Rents on the Rise in November
Redfin has found that recent spikes in inflation have forced rental prices in upwards of 21% nationwide over last year's findings.
Read More »Online Searches Show Shifting Priorities
Buying a home is typically the largest purchase one makes in their lifetime and with that comes a lot of research. When beginning house shopping, most people tend to start at the same place they go to get all of their questions answered: the internet. Instead of pulling ...
Read More »Homebuyers Benefit from Closing in October
A new study has concluded that buyers who are willing to close in the month of October avoid prices well above market value.
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