Current Market Data
The median existing-home price for all housing types in September was $352,800, up 13.3% on an annual basis, as every region in the country registered price increases.
The decrease was driven by a 5.1% month-over-month slide in the rate of multifamily starts, while single-family construction was flat.
Lack of inventory continues to restrict home sales as fewer homes sold in September, and closed home sales dropped.
Days on market rose 7.1% from August, and the median price of houses sold slid 1.8% to $638,000, according to RE/MAX’s National Housing Report.
Climate change will negatively impact the already-stunted housing inventory in the U.S., according to a recent Redfin report.
Despite low inventory and the competitive nature of the current market, buyers are well-prepared and ready to make offers, according to a recent report by Coldwell Banker Bain. The housing shortage continued to be a problem as the third
It’s been barely three months since the federal moratorium on foreclosures expired, but it’s starting to prove costly, as nationally, foreclosures are on the rise, having increased 67% from last year.
While the past year has been unprecedented in terms of economic change and a global pandemic, most U.S. home sellers’ experiences were similar to past years, according to Zillow’s latest consumer housing trends report. Consistent with the past three
As remote work becomes the new norm for many homeowners, real estate professionals are encouraging clients to consider implementing insurance-based smart home technology into their homes.
Overall, September’s housing market statewide remained robust, according to a new report from the Northwest Multiple Listing Service, but low inventory is still problematic. With single-family homes and condominiums combined, there were slightly more new listings last month (11,373)