Report: Sellers Cutting Prices at Highest Rate Since 2022
Nationwide, 6.4% of homesellers cut their asking price during the four weeks ending May 26 on average, the highest share ...
Tag: housing market data
Report: Sellers Market Holding Strong Despite Inventory Influx
In May, median list prices showed an increase of 37.5% since May 2019, with inventory down 34.2% compared to typical ...
Single-Family Home-Building Construction Holds at Highest Level Since August 2022
Construction spending fell in April as U.S. companies and the government scaled back projects across the country amid high interest ...
Inflation Numbers Show Little Progress; Interest Rate Cuts May Have to Wait
The personal consumption expenditures (PCE) price index increased 0.3% in April, the Commerce Department reported on May 31, matching a ...
Study: Only 4 States Are Affordable for Typical U.S. Homebuyers
It's no question that affordability is stratified, and as such, housing markets tend to differentiate from state to state. According ...
Spring Selling Season Wilts Early as Pending Sales Plummet
According to the National Association of REALTORS®’ (NAR) latest report, pending home sales fell 7.7% in April. All four U.S. ...
Families Must Spend 38% of Their Income on Mortgage Payments, New Index States
National Association of Home Builders (NAHB) and Wells Fargo have released a new quarterly Cost of Housing Index that underscores ...
New Single-Family Sales Drop 4.7% in April; Mortgage Rates Remain High
Across the U.S., sales of single-family homes declined 4.7% to a seasonally adjusted rate of 634,000 in April, and overall ...
National Rent Prices Drop Again; Southern Metros See Greatest Savings
In April, median rent prices dropped yet again nationwide, down 0.7% for most properties, with three major metros—namely, Austin, Texas; ...
Foreclosure Starts Decline Slightly in April, While Completions Rise
A total of 31,649 properties had foreclosure filings—default notices, scheduled auctions or bank repossessions—in April 2024, according to the latest ...
4 Terms You Should (Almost) Never Use in a Listing Presentation
Whether you’re new to the industry or a longtime veteran, your listing presentation is almost certainly something you have spent significant time and energy refining. Read more.
Business Tip of the Day provided by
