Tag: News

Generation Gap: How Americans’ Preferred Housing Styles Vary by Age

As homebuyers continue their house hunt, finding a home that’s perfect is not just about the right timing and price —it’s also about finding the right style. HomeAdvisor conducted recent… Read more »

Fannie Mae Predicts Lower Home Sales, Originations in 2022-2023

Price, Market equilibrium, Economy, Law of supply, Balance scale According to a new report from Fannie Mae’s Economic and Strategic Group (ESR), a combination of rising interest rates and elevated… Read more »

Study Finds Americans Possess Minimal Knowledge of Housing Matters

New data shows Americans are as baffled by how real estate works as they are about cryptocurrency. According to a new Zillow survey, the study finds most Americans know more… Read more »

Median Prices Rise in the Least Affordable Metros

San Diego recently surpassed San Francisco as the nation’s least affordable metro area, as home prices rose 14.3% year-over-year. The latest OJO Labs unaffordability report showed San Diego bypass both San Francisco and… Read more »

Pending Home Sales Slide 2.2% in November

According to the National Association of Realtors (NAR), pending home sales slipped in November, dropping 2.2.% from October as found by NAR’s Pending Home Sales Index (PHSI), a forward-looking indicator… Read more »

Zillow to Close iBuying Division

Zillow, a Seattle-based real estate and financial services company, has announced the closing of its iBuying division Zillow Offers effective immediately. The move represents a significant move away from one of its core means of revenue and the elimination… Read more »

Bidding Wars Dropped to 2021 Low in September

In September, 58.9% of home offers written by Redfin agents faced competition, a record low for 2021, according to a new report. That’s down from a revised rate of 60.8%… Read more »