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Tag Archives: median home sales price

Most Metro Areas Post Double-Digit Q2 Price Gains

Despite market influences that are pushing up mortgage rates and slumping home sales numbers during the second quarter of 2022, most metropolitan areas still saw double-digit annual price gains compared to the previous quarter.  This new information comes by way ...

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Redfin Reports Buyers Are Finding More Power

Homebuyers are beginning to take back the wheel from homesellers, who have mostly prevailed over the last two years. Redfin reports that more sellers are dropping the price of their homes amid rising interest rates and growing affordability concerns.

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December Saw Net Housing Inventory Levels Drop Again

It seems that the new year will not bring any relief to weary homebuyers who have been fighting repeated months of low inventory, high prices, and inflation.  According to the latest iteration of the Market Pulse Report from HouseCanary, a real estate valuation brokerage whose ...

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Inventory Finds New Low in November

If you thought the housing supply hit rock bottom in February, you thought wrong. According to a new report from Redfin, the number of homes available for sale fell by another 38,000 units finding a new low by the end of November suggesting more hardships for burnt-out ...

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Housing Market Still Rife With ‘Stiff Competition’

No matter how you look at it, now is a great time to be a home seller as the median sale price of an existing single-family home rose again last quarter to another record high.  According to the National Association of Realtors (NAR), they attributed the rise ...

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