Why home prices are still rising even as inventory recovers
Anyone out shopping for a home today knows there is still precious little for sale. The housing market is just beginning to come out of its leanest few years in …
Redfin Corp
Home prices begin to cool as active listings jump 35%
A townhouse for sale in the Upper East Side neighborhood of NYC. Adam Jeffery | CNBC Some of the heat is coming out of home prices, even though they’re still …
Luxury real estate prices hit an all-time record, Redfin says
Real estate is increasingly a tale of two markets — a luxury sector that is booming, and the rest of the market that continues to struggle with higher rates and …
Housing ‘affordability has just totally collapsed,’ economist says
10’000 Hours | Digitalvision | Getty Images Housing costs are outpacing median household incomes in the U.S., further straining affordability. Would-be homebuyers need to earn $113,520 a year to afford …
Why home prices have risen faster than inflation since the 1960s
Westend61 | Westend61 | Getty Images While inflation is 10 times higher now than 60 years ago, home prices are 24 times more expensive, a new study found. If home …
When sellers should list their home in 2024 to earn a premium
Sturti | E+ | Getty Images Spring, the season when home buying and selling activity kicks off, is around the corner. Available housing supply is already rebounding: The number …
Home sales dampened by severe winter weather, Redfin says
A “For Sale” sign stands outside a home following a snow fall in Geneseo, Illinois, U.S., on Monday, Jan. 20, 2020. The National Association Of Realtors is scheduled to release …
2023 was least affordable homebuying year: Redfin
A Redfin sign in front of a home for sale in Atlanta on Nov. 10, 2022. Elijah Nouvelage | Bloomberg | Getty Images This year was the least affordable year …
To buy a home in this market, buyers turn to mom and dad
A “For Sale” sign in Arlington, Virginia, on Aug. 22, 2023. Andrew Caballero-Reynolds | AFP | Getty Images Fewer people can afford to buy a house these days. On top …
Homebuying and real estate commissions are about to change in big way
Toronto Star | Toronto Star | Getty Images A recent jury verdict against the National Association of Realtors and large residential brokerages could upend the residential real estate industry. The …