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Tag Archives: Realtor.com

Housing Market Cools Off as Inventory Slows

The number of listings last month was approximately 1.87 million, down 2.7 percent annually and 7.9 percent monthly. The decline compares to Redfin's latest analysis, which showed an unexpected bump in inventory from new listings. Redfin's data measures a narrower list of markets nationwide.

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Realtor.com Still Sluggish Amidst DDoS Attack

Move, Inc., reported that it is continuing to combat the distributed denial of service (DDoS) attack which has interrupted its websites' operations since mid-day June 17. The company said in a release that they are "working around-the-clock" to mitigate the attack and restore operations.

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National Housing Market Improves in April

Inventory and price continued to rise for the month of April suggesting a healthier national housing market, according to the National Housing Trend Report released by Realtor.com. The group cited trends from the previous year which found "dramatic shortages" being replaced in 2014 by moderate home price gains in tandem with increasing inventories.

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Healthier Market Welcome Sight for Spring Home Buyers

The National Housing Trend Report for March was just released by Realtor.com, and it offers some great news for spring home buyers. The market is much healthier this year, with growth in inventory and days on the market. With modest price increases present, the overall outlook is good.

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February Gains Point to Seller Optimism

Realtor.com released its February Monthly Housing Trend Report, which showed an increase in listing prices as well as an increase of housing inventory. The increase in both list price as well as inventory points to a "strong early beginning to this spring's home buying season," the report said.

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Inventory Declining at a Slower Pace

The pace of inventory declines appears to be slowing, which may in turn slow price appreciation in some markets, according to Realtor.com. ""Dramatic national year-over-year inventory declines have evaporated,"" Realtor.com said in its National Housing Trend Report released Tuesday. National housing inventory declined 5.24 percent year-over-year in July, which is a slowdown from the 16.47 percent year-over-year decline reported in January. At the same time, the number of markets with declining inventory year-over-year decreased to 118 in July, down from 125 markets in June.

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California Dominates Turnaround Towns List; Detroit Claims Spot

California markets dominate Realtor.com’s list of Turnaround Towns for the second quarter of this year, claiming the top four spots on the list and six of the top 10. While California may take the most spots on the top 10 list, Realtor.com says Detroit's presence on the list is ""most noteworthy."" The top 10 ""Turnaround Towns"" are determined by an algorithm that relies on data including inventory levels, median list prices, median number of days on market, and search and listing activity on Realtor.com.

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Survey Finds School Boundaries Huge Factor in Purchase Decisions

With summer drawing to a close and a new school year approaching, a new survey from Realtor.com shows school boundaries factor in heavily for many homebuyers when they consider their purchasing decision. In a poll of buyers planning to purchase a home within the next two years, Realtor.com found that three out of five respondents will consider school boundaries when choosing their next home. Out of that number, 90.53 percent said they are either an ""important"" or ""somewhat important"" factor.

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