Tag Archives: Homeowners

"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.

An estimated 300 people a day moved from California to Texas in 2021, and the popular migration route is becoming even more crowded, according to a new analysis from StorageCafe.

In May, nationwide rents posted their largest decline since 2020 as the median asking rent rose 1.4% from a month earlier, according to a new report from Redfin.

The overall lack of new listings nationwide has pushed the total number of homes on the market down 5% year-over-year, reaching their lowest level of any early June on record, according to a new housing market update from Redfin.

In April, all-cash home purchases reached their highest level in nearly a decade. A new report from Redfin reveals elevated mortgage rates driving down overall home sales more than all-cash sales.

It’s the first time since 2014 that boomers have overtaken the younger generation when it comes to owning a bigger slice of the homebuyer market, according to a new housing report from the Bank of America Institute.

Nationwide, the typical home costs 25% more to buy than rent, according to a new report from Redfin. Click here to see which major metro areas topped the list of places where mortgage costs are lower than estimated monthly rental costs.

According to a new report from Redfin, high home prices and mortgage rates are pushing the monthly mortgage payment on a median-priced home to $2,573.