"There are many reasons to be encouraged about housing in 2024," said Nick Bailey, RE/MAX President and CEO. "The high mortgage rates and inventory lows of 2023 definitely made for a challenging market, but December data shows some positive signs for the new year."
Read More »Mortgage App Volume Falls for Third Consecutive Week
As mortgage rates creep toward the 7% mark, the MBA reports a third straight week of waning interest in mortgage apps, with a lack of inventory playing a role in purchase app drop-off.
Read More »Home Sales Show Strong Increase Over January
While overall home sales remain down 24.4% year-over-year, February home sales increased nearly 17% from January, according to the RE/MAX National Housing Report.
Read More »Inventory Levels Creep Upwards
"After a sustained period of quick sales that kept the housing cupboard relatively bare, a supply of two months presents a lot more options for homebuyers," said Nick Bailey, RE/MAX President and CEO.
Read More »Closings Inch Down Ahead of Anticipated Spring Surge
RE/MAX released its National Housing Report for February 2022, revealing home sales fell approximately 1% from January, planning for what is typically the year's biggest month-over-month incline in ...
Read More »The Market Is ‘Cooling,’ But What Does That Mean?
While seasonal trends are in play, last month was still the second most active September on record, according to a report.
Read More »Home Sales Decline Though Prices Hold Steady
Here’s what a national housing report revealed about the year-over-year drop in home sales and the headwinds likely to impact sales moving forward.
Read More »Why 2018 Might Be a Cruel Summer for Homebuyers
As the summer selling season approaches, a report shows that homes are selling at record speed across the country, high home prices notwithstanding. Here’s why homebuyers will face one of the toughest markets this season.
Read More »Home Sales Settle in September, But Remain Higher Than Last Year
Home sales in the fall season have cooled down 8.6 percent in September compared to August, but remain 6.8 percent above last years' levels.
Read More »Housing Report Reveals Home Sales are Up for Spring
The April 2015 RE/MAX National Housing Report that surveyed 53 metro areas, revealed that home sales were up by 7 percent from the previous month and 6.5 percent above the mark set in April 2014. Home sales in April were higher than any other April since the report began in 2008.
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