Housing Market News
U.S. Home Prices Hit All-Time High
While the median home-sale price is sitting at a record high, it’s notably lower than the median asking price. That’s because sellers are open to
Just 28% of Homes Are Selling Above Asking Price, The Lowest Springtime Level Since 2020
Pending home sales are down 1% year over year while new listings are still rising, giving buyers negotiating power. Just over 28% of U.S. homes
Some Would-Be Home Sellers Are Stepping Back As Market Tilts Toward Buyers
Many prospective homebuyers are sidelined by near-record costs and economic uncertainty, creating a buyer’s market in many parts of the country. That’s deterring some would-be
High Housing Costs Are Keeping Homebuyers at Bay–But Price Relief Is in Sight
The median monthly U.S. mortgage payment is just $25 shy of its record high, sidelining would-be buyers. But the tide is turning for buyers: Redfin
New Listings Hit Highest Level in Nearly 3 Years
Would-be buyers are sidelined by record-high housing costs and economic instability, allowing inventory to pile up. New listings of U.S. homes for sale rose 8.4%
Economic Jitters, High Costs Stifle Spring Home Sales
New listings are still rising, allowing some buyers to get deals. Pending U.S. home sales fell 3.4% year over year during the four weeks ending