According to a new report from Zillow, some 39% of first-time home sellers wish they had set a higher list price, as 9 in 10 first-time sellers think they could have gotten a higher price by making different choices.
Read More »Homebuyers Retreat As Mortgage Rates Jump
As mortgage rates climb toward 7%, the decline in new listings of homes for sale has slowed since December. A new Redfin report examines why many homebuyers continue to pull back from their home search.
Read More »Renting a Home Now Costs Less Than Homebuying
On average, the monthly cost of buying a starter home in December 2022 was nearly 50% higher than the cost of renting, according to Realtor.com's Monthly Rental Report.
Read More »High Housing Costs Drove Relocation in 2022
As homebuyers nationwide face inflationary home prices, those who purchased a home relocated at an unprecedented rate in Q4, as elevated mortgage rates and economic uncertainty drove many homebuyers to more affordable areas.
Read More »New Listings Wane as Homes Linger on Market
The RE/MAX National Housing Report revealed new listings recorded the largest month-to-month decline in December 2022, while markets with the biggest decrease in year-over-year new listing percentages were found in Sunbelt cities such as Las Vegas and Los Angeles.
Read More »Study Finds Buyers Satisfied With Home Purchases Post-Pandemic
A new study from LendingTree revealed some 80% of homebuyers in past two years don’t regret buying a home during the pandemic housing boom.
Read More »Homebuyers Expand Their Options With Rent-to-Own Homes
A new Javelin study revealed that a majority of Gen Z’ers and nearly 40% of millennials would consider rent-to-own agreements as an alternative to purchasing as a result of low inventory and historically high mortgage rates.
Read More »Home Sales Slump as November Marks Biggest Decline on Record
An uptick in mortgage rates in November caused sales and prices to slow, but experts say there are early signs that housing demand may be creeping back around.
Read More »Putting 2022’s Housing Market Trends Under the Microscope
The wild ride known as the U.S. housing market slowed dramatically in the fall of 2022, as mortgage rates surged and home prices remained high.
Read More »Experts Predict Home Prices to Fall YoY Nationwide in 2023
According to a new LendingTree study, a combination of relatively high rates and weak homebuyer demand will likely cause a gradual decline in prices nationwide in 2023. Click to see what else experts predict this year.
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