Prices will fall in 2023. But savings will be negligible due to headwinds
Home prices could fall by 8%, but rising mortgage rates and a 'mild recession' will blunt the savings in buyers' pockets, according to Capital Economics' new US Housing Market Outlook
by Marian McPherson Nov 17
Zillow launches street-view home searching with Apple Maps
Homebuyers can now get a street-view look at listings, thanks to Zillow's newest integration with Apple Maps. Dubbed 'Look Around,' the feature is available in 19 markets
by Marian McPherson Oct 6
Redfin adds down payment assistance feature to website
Starting Thursday, homebuyers can scout down payment assistance programs on Redfin listings, thanks to the brokerage's new partnership with Down Payment Resource
by Marian McPherson Oct 6
The most advantageous time to buy a home is right now, new data shows
The housing market's summer rush may have lessened the impact of a deep drop in demand, according to new data from Attom. But what will happen in the historically slow months of fall?
by Daniel Houston Oct 5
Mortgage rates haven't been this chaotic since Black Monday: Study
A buyer looking at $500,000 houses in July would have seen their potential monthly payment fall by $177 in August, then rise by $328 since, according to a new analysis by Redfin
by Daniel Houston Sep 29
Bidding wars fall to lowest level of pandemic as mortgage rates inch up
Only 44.6 percent of offers written by Redfin agents in August faced competition, the lowest rate since April of 2020, according to new data released Friday
by Ben Verde Sep 23
How Realtors can guide clients to a transparent buying process
Companies seeking to use technology to add transparency and reduce friction in the homebuying process are particularly useful now, experts said during an Inman Connect Now virtual event
by Taylor Anderson Sep 22
RealScout launches 19th Buyer Graph in Southwest Florida
14 brokerages have partnered to launch the Southwest Florida Buyer Graph, which hosts real-time anonymized buyer data and habits and climate risk data
by Marian McPherson Sep 15
Households with school-age kids likely to lead fall homebuying rush
Households with school-age children will account for 22.5% of all home sales over the next 10 months, according to analytics firm TKI's latest predictive report. Here's how to market to them
by Marian McPherson Sep 15
This is the best time for homebuyers' agents to lock in a deal this fall
Realtor.com's 'Best Time to Buy' report revealed Sept. 25 to Oct. 1 is the best time for buyers to seize early-season savings as rising mortgage rates and booming inflation clobber demand
by Marian McPherson Sep 14
Home sales have so much further to fall in 2023, Goldman Sachs says
House purchases are expected to plummet further in the closing months of the year, and the recovery may not pick up speed until 2024, according to a new forecast from the investment bank
by Daniel Houston Sep 1
Buyers are leaning on contingencies to bail out of deals, Redfin CEO says
During his latest appearance on CNBC, Redfin CEO Glenn Kelman shared how buyers and sellers are locked in a battle of the wills as the market slowly shifts in buyers' favor
by Marian McPherson Sep 1
Gary Keller: The current market is 'the most confusing I've ever seen'
At Keller Williams' annual Mega Camp conference, founder Gary Keller prepared agents for a rough 2023 as slowing home sales and other economic factors push everyone to the brink
by Marian McPherson Aug 23
Most Americans think now is the time to buy homes. Here's their logic
Out of 1,000 homeowners and 1,000 renters participating, 56% or 6 of every 10 Americans think 'right now' is a great time to buy a home, according to OnePoll on behalf of Lower
by Ben Verde Jul 21
Half of homebuyers cry at least once while shopping for a home: Survey
50% of people who bought a home over the past 2 years say the process brought them to tears, according to a new survey conducted by Zillow
by Ben Verde Jun 6