Tag Archives: Median Sale price

A new Point2 study revealed homes are selling at a much faster pace than they did last year, flying off the market as increasing housing competition and dwindling inventory drive homebuyers to snatch up the limited options available.

Redfin reports that affluent homebuyers drove luxury home sales to the highest third-quarter level on record, growing nearly three times faster than non-luxury home prices. Click through to read the full analysis.

As the Halloween holiday creeps nearer, a new Point2Homes study revealed what homebuyers are most frightened by in today's housing markets, such as volatile home prices and intensifying housing competition.

Once known for its speed and red-hot market, Austin, Texas, is now one of the slowest housing markets in the U.S. A new Redfin report examines the factors in play.

As record-high mortgage rates continue to hinder potential homebuyers nationwide, new home purchase activity weakened in September, according to the MBA's Builder Application Survey.

As home seller profits continue to rise, profit margins on typical home sales also increased nationwide, while the median U.S. home price surged to a new all-time high in Q3, according to ATTOM's 2023 U.S. Home Sales Report. Read the latest to find out why “any predictions of an extended market fallback may have been premature.”

As relocation patterns continue to shift nationwide, the Mountain West region has emerged as a hot spot for homebuyers, according to a new study from StorageCafe, with Idaho topping the list with the highest net migration rate in the nation.

According to a new Redfin report, new listings have ticked up, but near-8% mortgage rates are causing many potential homebuyers to retreat, as purchase applications remain near their lowest level in nearly 30 years.

Record-high mortgage payments continue to motivate sellers to lower asking prices to attract more buyers, as a new Redfin report revealed the average homebuyer’s monthly housing payment is up nearly 9% year-over-year, reaching a new all-time high.

According to the First American Real House Price Index, housing affordability dropped to its lowest point in more than three decades, with home prices jumping 2% from June.