According to Realtor.com's Monthly Housing Market Trends Report, home sellers were less active in March, with 20.1% fewer homes being listed for sale compared to last year.
Read More »Court Grants Class Certification in Case Challenging Buyer Broker Commissions
A judge in the U.S. District Court for Northern Illinois has granted plaintiffs class certification in an antitrust suit against NAR that challenges home sellers paying the commissions of real estate agents representing homebuyers.
Read More »Nominal Home Price Appreciation Slows in Response to Dampened Demand
"Nationally, annual nominal house price growth peaked in March 2022 at 21 percent, but has since decelerated by nearly 17 percentage points to 4.4% in January,” said First American Chief Economist Mark Fleming.
Read More »Despite Dip in Rates, Low Inventory Deterring Spring Homebuyers
Freddie Mac reports that mortgage rates have fallen for the third consecutive week, however prospective buyers have been handcuffed by a short supply of housing inventory.
Read More »Home Sellers Less Active as Inventory Growth Slows Nationwide
According to Realtor.com's Monthly Housing Market Trends Report, home sellers were less active in March, with 20.1% fewer homes being listed for sale compared to last year.
Read More »Texas Targeted as a Top Relocation Destination
A new analysis from United Regions Van Lines examines the states that offer the greatest housing savings and which states rank highest in employment opportunities.
Read More »Renters Targeted the Northeast in Q4
A new analysis from Rent. found that more renters showed interest in the Northeastern U.S. in Q4, while more renters exited the state of Illinois in the fourth quarter than anywhere else in the U.S.
Read More »Share of Homebuyers Looking to Change Metros Hits Record High
A new report from Redfin revealed 4% fewer homebuyers looked to move within their own metro area than a year earlier, as homebuyers looking to relocate to a new metro fell 3.6% year-over-year in February.
Read More »NAR: Pending Sales Improve More Than 8% in January
As the summer buying season approaches, the National Association of Realtors expects pending home sales numbers to make further incremental increases this year.
Read More »Spring Homebuyers Benefit From Slowing Price Growth, Fall in Rates
The MBA reports that mortgage app volume rose for the fourth consecutive week, fueled by a continued drop in rates at the outset of the spring buying season.
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