Tag Archives: RE/MAX

During a period of the year where home sales traditionally increase moving into the peak summer season, April sales declined more than 7%.

According to the RE/MAX National Housing Report for February 2023, the median sales price experienced a slight rise over January, ending a seven-month streak of price declines.

Sales in every month of 2022 fell short of the previous year, according to a new RE/MAX report, which shows home sales were down an overall 38% from 2021, while the number of homes for sale was up nearly 70%.

The market, which hit new highs over the last year, tanked affordability in many areas. However, those sidelined by prices still view homeownership as a top priority.

HUD and the Census Bureau reported that single-family home sales fell month-over-month in September, with the nation’s supply of homes for sale rising by 1.1 months to 9.2, above the standard for a balanced market that favors buyers and sellers evenly.

Median sales price now sits below the highs recorded during June, while inventory hit a recent record high. Click through to find out what else RE/MAX’s National Housing Report found.

The nation’s inventory levels were boosted by new listings in June, contributing to a third consecutive month of supply growth.

RE/MAX has released its National Housing Report for May 2022, and although May is deemed one of the most active months of the year for home sales, closings in May 2022 were 8.5% lower than the prior year. However, rates ...

A new report finds that an atypical third quarter may propel the market into a strong start to 2022.

New dataset finds approximately 1.01 million mortgage holders remain in pandemic-related forbearance plans, accounting for approximately $188 billion in total unpaid principal balance (UPB).