Just 28 homes out of every 1,000 in the US changed hands so far this year, the lowest turnover rate the housing market has seen in decades.
As deals fall through, stubborn sellers are simply pulling their homes off the market. Delistings nationwide jumped 52% in ...
Inventory is rising and sellers are negotiating again. Housing markets in Texas and Florida remain the weakest.
According to a recent Redfin report, only 25 out of every 1,000 U.S. homes changed ownership in the first eight months of 2024, marking the lowest housing turnover rate in 30 years. Redfin's analysis, ...
It has never been this challenging to be a first-time home buyer. Over the last year, as home prices inched toward new highs and the 30-year mortgage rate stayed firmly above 7%, first-time buyers ...
As reported by ZeroHedge recently, the NAR U.S. Pending Home Sales Index dropped 2.1% MoM in May, down 6.6% YoY. The position of new home buyers in 2024 is unprecedented. Since January 2021, the ...
A healthy market Is a balanced one. Real estate naturally moves in cycles. This shift toward balance is a healthy step for ...
When Jonny Ballesteros and his fiancée, Jen, began house-hunting, they weren’t sure what to expect. It was the first purchase for the couple, who are both 29, and in the competitive San Diego-area ...