New home sales took a hit for the fourth-straight month in April as buyers grappled with the new reality of rising home prices and mortgage rates in excess of 5%, according to Census Bureau data
Existing-home sales decreased by 2.4% from March and 5.9% from the year before as declining affordability continued to put off homebuyers, according to the National Association of Realtors
Abrupt policy shift not expected, but Fed chair confirms that, 'If things come in better than we expect, then we’re prepared to do less'
Opinion
This week, Byron Lazine and Nicole White discussed how the Fed's decision will impact the housing market, CoStar's plans for Homes.com and the TikTok-famous Marketeer of the Week
Opinion
Other than when home prices crashed with the bursting of the housing bubble, for more than 50 years, home price growth has outpaced inflation. This means we are offsetting high consumer prices because home values are increasing at an even faster rate
Opinion
The complexity of the current real estate market means that client relationships can sour quickly. That's why it's vital to set appropriate expectations upfront
Opinion
This week: Byron Lazine and Nicole White discussed a decision in the bombshell class action lawsuit against NAR and Realogy, Zillow's revised forecast and Ryan Serhant's branding advice from ICNY
Corcoran took the top spot in Manhattan and Brooklyn with $2.54B in signed contracts, with Compass following close behind, according to the firm's inaugural NYC quarterly report
Pending home sales dipped for the 5th straight month in March, with the Pending Home Sales Index dropping 1.2% from February to 103.7, according to the National Association of Realtors
New home sales took an 8.6% hit in March as rising home prices and mortgage rates made homebuyers think twice before purchasing a new home, according to new data released Tuesday
Opinion
This week: Byron Lazine and Nicole White discussed the differing views of homebuyers and homebuilders when it comes to the housing market
Zillow now expects home value growth to reach 14.9% through March 2023, down from its previous estimate of 16.5% growth. What's with the downgrade?
U.S. foreclosure activity hit a new high not seen since the start of the COVID-19 pandemic, as foreclosures continue to rebound following the lapse of federal moratoriums, according to data from Attom
Total existing-home sales dropped by 2.7% from February 2022 and by 4.5% from March 2021 to a seasonally adjusted annual rate of 5.77 million, according to the National Association of Realtors
Privately owned housing starts increased 0.3% from revised February figures to a seasonally adjusted annual rate of 1.79M, according to US Census Bureau data released Tuesday
Opinion
This week: Byron Lazine and Nicole White examine higher interest rates and their market impact, the average number of offers written per sale according to a new study and value-added home improvements