Housing Market

Monthly Market Update

Homebuyers Are Scoring the Biggest Autumn Discounts Since 2019

The typical home that sold last month went for 1.4% less than its final list price—the biggest September discount in six years—as a slow housing market empowered buyers to negotiate. The typical home that sold also spent 50 days on the market—the slowest September pace in nearly a decade. Existing-home sales inched up to the […]

29% of U.S. Home Purchases Are Made in Cash, Essentially Flat From a Year Ago

29% of U.S. homebuyers are paying in cash, down essentially unchanged from last year and down from a peak of nearly 35% two years ago due to declining mortgage rates.  The typical down payment is climbing, partly because in today’s expensive market, many buyers are affluent. It now sits at a record $70,000, and in […]
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