Spring is typically a busy homebuying season, but new listings of homes for sale are down 24% from a year ago, according to a new report from Redfin. The total number of homes for sale is also down nearly 10%, representing the biggest drop in over a year.
Read More »Homebuyers Navigating an Ever-Changing Market
The Spring homebuying season started off strong, and home purchases show little sign of slowing, due to surging demand and low inventory. According to the annual Bank of America’s 2022 Homebuyer Insights Report, homes are being snatched off the market ...
Read More »Is Housing Springing Forward. . .Or Falling Back?
With many analysts early in the year having predicted a robust spring season for the housing market, the question remains as to whether or not that will come to pass after a few months of inconsistency to start 2016.
Read More »Slow Wage Growth: Not a Sign of a Weak Labor Market
Average earnings took a step backward in February, but this should not be a sign that the labor market is not healthy, according to the San Francisco Fed. But will slow wage growth affect homebuying in the spring?
Read More »Ask the Economist: What Does the Spring Hold for Homebuyers?
Zillow Chief Economist Svenja Gudell discusses recent economic slowdowns and how they might affect the spring homebuying season in our latest installment of Ask the Economist.
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