January 2019 Pending Home Sales
NAR released a summary of pending home sales data showing that January’s pending home sales pace was up 4.6 percent last month but fell 2.3 percent from a year ago. Pending sales represent homes [...]
Homebuyers Return as Pending Sales Rebound in Seattle, Silicon Valley and Boston
Pending sales spiked 15 percent in the city of Seattle in January, up 8 percent in San Jose, Silicon Valley’s central city. The market cooldown may already be over in Seattle, San Jose and [...]
More Home-Sellers are Dropping Their Prices Than in Previous Winters as Buyers Seize More Control of the Market
More than one in five homes for sale nationwide dropped its price in the last month. In Fresno it was two in five. More than any time in the past few years, 2019 is shaping up to be a good year [...]
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In Economist Commentaries, existing home price, Inventory, price growth, REALTOR® Confidence Index, state data
Posted REALTORS® Expect Modest Price Growth of 2 Percent in 2019
About 3,000 REALTORS® who responded to NAR’s REALTORS® Confidence Index Survey in January 2019 expect home prices to typically appreciate in the next 12 months at modest pace of two percent on a [...]
New York, Florida Lead Zillow’s List of Buyer-Friendly Markets
Despite slowing home-value growth and a pickup in inventory, the San Francisco and San Jose markets remain the hottest and most seller-friendly, though the winds are rapidly shifting
Buffalo, Grand Rapids and Omaha Are Now the Nation’s Fastest Housing Markets
The typical home in these affordable, inland metros spends less than 30 days on market. Buffalo, New York; Grand Rapids, Michigan and Omaha, Nebraska—all areas where the typical home costs less [...]
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In Buyer Traffic, days on market, Economist Commentaries, first time buyers, REALTOR® Confidence Index, Seller Traffic
Posted REALTORS® Confidence Index Survey: January 2019 Highlights
The REALTORS® Confidence Index (RCI)[1] survey gathers monthly information from REALTORS® about local real estate market conditions, characteristics of buyers and sellers, and issues affecting [...]
7 Surprising Design Trends for the Home: Which Has Staying Power?
By Melissa Dittmann Tracey, REALTOR(R) Magazine Bold colored vanities and vinyl flooring are gaining more clout in home design. Last week at the 2019 International Builder Show and the Kitchen [...]
How to Buy Your First Home Like an Economist
7 tips and takeaways from Redfin Chief Economist Daryl Fairweather. Buying a first home is exciting–and completely overwhelming. It’s loaded with questions and pain points–even for those who [...]
Sales of New Homes Down 8% in January
New-home sales fell year over year in all four major U.S. regions. Sales of new single-family homes fell 8 percent year over year in January, the fifth consecutive month of year-over-year [...]