Tag Archives: Sale-to-list price ratio

House hunters are creeping back into the market, according to Redfin’s Homebuyer Demand Index, which showed that while the share of potential homebuyers touring homes increased in January, those numbers haven't necessarily translated to more sales.

Realtor.com's latest market report showed that more sellers were active in January, improving the share of homes for sale. However, newly listed homes still remain short of pre-pandemic levels.

In a new report, experts from the Joint Center for Housing Studies revealed some of the primary factors contributing to nation's housing shortage.

No partner? No problem. A new survey from Pennymac revealed that while down payments are more expensive for single Americans buying a home, more than half of respondents believe waiting to get married or a significant other to buy a home is and outdated idea.

A new survey from Home Bay takes the pulse of how Americans feel about homeownership—and how far out of reach many feel it may be. 

“Homebuyer affordability improved for the second consecutive month in December as interest rates declined significantly from recent highs,” said Edward Seiler, MBA’s Associate VP of Housing Economics and Executive Director for the Research Institute for Housing America. Here’s what to expect as we approach spring.

As inventory remains alarmingly low, home prices are also rising in parts of the U.S., with some potential buyers being hampered by harsh weather. But in a new report, Redfin agents say that “serious buyers are finding a way to see desirable homes,” and demand is picking up in warmer regions.

With interest-rate shock continuing to impact new listing volumes, housing inventory remains at historically low levels, according to HouseCanary's December Market Pulse Report. But positive developments may be ahead.

Redfin's latest housing market update showed that the total share of homes on the market is down nearly 18% year-over-year, representing the biggest decline since February 2022. A significant lack of homes for sale caused home prices to rise nearly 5% annually, as mortgage-purchase applications remain at their lowest level in nearly three decades.

“Fading recession fears and the prospect of further home price increases have brought some house hunters off the sidelines, but for the most part, buyers remain hesitant to jump into the market because their buying power is so much lower than it was a year ago,” said Redfin Chief Economist Daryl Fairweather.