The nation’s inventory levels were boosted by new listings in June, contributing to a third consecutive month of supply growth.
Read More »Experts Project Inventory to Improve Gradually
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 ...
Read More »Balance Returning to the Housing Market?
A new report finds that an atypical third quarter may propel the market into a strong start to 2022.
Read More »Update: How Many Mortgages Are Still in Forbearance?
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).
Read More »Record Low Inventory Drives Down October Home Sales
In a month where housing supply dropped 12.7% nationally, the 1.3 months’ supply of homes recorded in October tied for second-lowest in history.
Read More »More People Starting Their Homeowning Journey Online
A majority of modern homebuyers begin looking for homes online before contacting an agent, according to a report, but on-the-ground expertise and real-life interactions remain important.
Read More »Home Sales, Median Price Slip in September
RE/MAX has released its National Housing Report for September 2021, which found that 2021 is starting to resemble a traditional year and mirroring seasonal norms as September home sales dropped 7.0% from August and the Median Sales Price slipped 1.1% to $329,000. Even with the seasonal cooling that is ...
Read More »Median Home Sales Prices Spike $30K in July
The supply of homes has risen as more have been priced out of the market with media prices rising $28,700 month-over-month in July.
Read More »Housing Inventory Grows Month-Over-Month in July
A new report has found that even with demand reaching peak levels, housing inventory actually rose in July for the second consecutive month.
Read More »Cash Is King as Bidding Wars Continue
A new survey digs into the tactics and techniques being used to edge out the competition in fierce bidding wars.
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