Redfin reports that just 11 of every 1,000 two-and three-bedroom urban homes have changed hands so far in 2023, as options for prospective buyers continue to dry up.
Read More »Homebuyers and Sellers Adapt to Changing Market Conditions
A new Zillow analysis revealed home-buying demand has cooled from the record pace of 2021, while competition is now at its hottest for the lowest-priced homes as mounting ...
Read More »Fannie Mae Predicts Recession Conditions in Early 2023
The research arm of Fannie Mae has moved its recession prediction from the second to the first quarter of 2023. Here are insights from Chief Economist Doug Duncan.
Read More »The Week Ahead: Charting the Market’s Course for 2021
High prices and a new rise in inventory combined with low rates will all play into March’s existing home sales numbers as Q1 closes and the direction of the market takes shape.
Read More »Potential Existing-Home Sales Exceeded Expectations
New information on home sales provides positive news for the housing market, but it may be too early to tell how long it will last.
Read More »Good News for Potential Home Sales
A new report takes a look at potential existing-home sales trends, as well as one factor that could have a long-term impact.
Read More »The Week Ahead: Will Existing-Home Sales Rebound in March?
New reports from the Chicago Fed National Activity Index, a look at changing home values, and Freddie Mac’s Primary Mortgage Survey are also coming in The Week Ahead.
Read More »California Home Sales Outlook: Not So Sunny
March home sales reached their lowest levels in years in the Golden State, with two large metros seeing big declines.
Read More »A Big Drop for High-Priced Homes
Sales of homes priced at more than $2 million declined 16% year-over-year last quarter, marking the second-consecutive quarter of decline and the biggest drop in luxury sales since ...
Read More »The Housing Market’s Rebalancing Act
A new study took a look at the trajectory of the overall housing market and changes expected in cities with some of the most extreme markets. Here’s what it found.
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