Home Sales

Report Shows a Waning Number of Home Sellers Turning to iBuying in Q1 2022

June 13th, 2022
While iBuyers have kept the wheels turning in the first three months of 2022, headwinds in the housing market appear to be straining prominent players’ in other aspects of their businesses. That’s evident as recent Zillow data show that fewer...

Inventory Growth and Ongoing Affordability Challenges Strain Expected for Second Half of 2022

June 14th, 2022
The strain of climbing inflation and mortgage rates has weighed down the once frenzied market behavior that folks grew accustomed to last year. While that has carried its share of immediate challenges for buyers, a new report from realtor.com® indicates...

Real Estate CEOs Mull 2022 Landscape, Slowdown

June 16th, 2022
“Comparing anything to 2020 or 2021, it doesn’t make any sense.” That is the conundrum—summed up frankly by Anne Marie DeCatsye, CEO of the Canopy REALTOR® Association in Charlotte, North Carolina—for anyone trying to parse out the current real estate...

Inventory Up, Prices Strong and Demand a “Wildcard”

July 11th, 2022
Data for what is typically the biggest week of the year for home sales—immediately preceding the 4th of July holiday—offered some positive indicators for inventory with a 29% year-over-year increase in homes, for sale while affordability still struggled with an...

Home Sales Dive Again; ‘Fuzzier’ Indications on Price, Demand

July 20th, 2022
Existing home sales continue to free-fall as federal interest rate hikes and long-simmering affordability and inventory concerns catch up to what has been a wild ride of a real estate market, with June seeing another precipitous drop of 14.2% year-over-year...

A ‘Weird’ Recession and a ‘Rental Society’: The Industry in Transition

July 28th, 2022
Another year, another period of unprecedented transition in real estate. Although agents, brokers and everyone involved in the housing market have always been forward-looking as a rule, the last three years or so have required a unique understanding and focus...

Existing-Home Sales Down YoY, But Monthly Increases Show Low Inventory Not Holding Buyers Back

November 22nd, 2021
Existing-home sales, recording a seasonally adjusted annual rate of 6.34 million in October, bumped down 5.8% compared to last year, according to the latest data from the National Association of REALTORS® (NAR). While they’re lagging behind on a yearly basis,...

American Pie: The Main Course for 2022?

November 23rd, 2021
There are now a record number of real estate professionals with a seat at the table eyeing a piece of the American real estate pie: a delectable dish made up of nearly seven million ingredients we call transactions, stirred in...

Home-Buying Competition Heating Up for the Holidays

December 17th, 2021
Bucking seasonal slow-down trends, home-buying competition is heating up as the year comes to a close. According to realtor.com®’s latest Weekly Market report for the week ending Dec. 11, the annual pace of home sales is up even as the...
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