Housing Market News
Affordability
Homebuyers Hold the Negotiating Power In 38 Major Metros, Up From 29 Last Year
Nationally, sellers outnumber buyers by 43%—just shy of the largest gap in records dating back to 2013. When sellers outnumber buyers, the buyers who are
A Record 34% of February Home Sellers Cut Their List Price
February home sellers who cut their price lowered it by $41,000, on average, or 7.3%. Home sellers in Texas and Florida were most likely to
Cleveland Remains a Beacon of Affordability for Homebuyers
As many Americans consider buying a home this spring, they may want to take a closer look at the Cleveland metro area. Not only is
U.S. Home Prices Barely Budged in February
Home prices rose 0.1% month over month on a seasonally adjusted basis—the slowest growth in seven months. Prices fell in 16 major metros, with the
There Are 630,000 More Home Sellers Than Buyers—the Biggest Gap on Record
When sellers outnumber buyers, the buyers who are in the market have bargaining power. In other words, it’s a buyer’s market. The strongest buyer’s markets
The Top 20% of Earners Hold Nearly 60% of America’s Real Estate Wealth
By comparison, the bottom 20% of U.S. earners hold just 5% of real estate wealth. The top 1% of earners in America hold 12.7% of
Homebuyers Hold the Negotiating Power In 38 Major Metros, Up From 29 Last Year
Nationally, sellers outnumber buyers by 43%—just shy of the largest gap in records dating back to 2013. When sellers outnumber buyers, the buyers who are
A Record 34% of February Home Sellers Cut Their List Price
February home sellers who cut their price lowered it by $41,000, on average, or 7.3%. Home sellers in Texas and Florida were most likely to
Cleveland Remains a Beacon of Affordability for Homebuyers
As many Americans consider buying a home this spring, they may want to take a closer look at the Cleveland metro area. Not only is
U.S. Home Prices Barely Budged in February
Home prices rose 0.1% month over month on a seasonally adjusted basis—the slowest growth in seven months. Prices fell in 16 major metros, with the
There Are 630,000 More Home Sellers Than Buyers—the Biggest Gap on Record
When sellers outnumber buyers, the buyers who are in the market have bargaining power. In other words, it’s a buyer’s market. The strongest buyer’s markets
The Top 20% of Earners Hold Nearly 60% of America’s Real Estate Wealth
By comparison, the bottom 20% of U.S. earners hold just 5% of real estate wealth. The top 1% of earners in America hold 12.7% of