A slight decrease in the quits rate down to 1.9 percent (2.7 million quits) in April suggests that workers may be looking to better their situations, which could push wage growth in the coming months – a factor economists say will be a key driver in homeownership growth and new household formation.
Read More »Housing Data Shows Surge in Demand, Median List Prices
An early look at the realtor.com national monthly housing data, which is based on the first three weeks of March, showed that housing demand is surging and median list prices are rising faster.
Read More »Millennials Expected to Power Housing Market in 2015
The year 2015 is gearing up to be a stronger, more expensive housing market powered for the first time by new millennial buyers, according to the Realtor.com 2015 Housing Forecast.
Read More »Real Estate Professionals Optimistic About Homeownership Comeback
As the share of first-time homebuyers hovers at its lowest level in nearly three decades, real estate professionals remain optimistic that homeownership is due for a comeback.
Read More »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.
Read More »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.
Read More »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.
Read More »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.
Read More »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.
Read More »Increased Home Listings Signal Positive 2014
Realtor.com released Thursday its National Housing Trend Report for January. Despite severe weather conditions, the report notes positive trends in the number of listings and median list prices of homes.
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