Zillow: Home Values Decline For 2nd Straight Month
Zillow found that low-cost markets remain competitive, while home values slope downwards.
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Sarah Wolak
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RE/MAX: Sale-Price Drops Result In More Closings, Less Inventory
August data shows home-sellers accepted offers below their listing prices, another sign of rebalancing in the housing market.
Realtor.com: Days On Market Grows For The First Time In Over Two Years
Time on market was 42 days, 5 days more than last year but 22 days less than typical pre-pandemic levels.
The American Dream Is Still Alive, According To Gen Z Consumers
Millennials and Gen Z prioritize financial freedom first and homeownership second
NMP
House Flipping Has Not Flopped
Profits are down but house flipping numbers are still strong
NMP
FHFA: U.S. House Prices Rose 17.7% In 2Q YOY
Agency said that, compared to the first quarter of 2022, house prices were up just 4%.
Freddie Mac Credit Risk Transfers Deliver Record First Half
The GSE's single-family business reported a second quarter 2022 CRT issuance of approximately $6.5 billion.
Zillow Declares 'Shrinkflation': $1M Homes Get Smaller
Zillow says homes sold at or near $1 million shrank by nearly 500 square feet, a new low for 2022.
Bargainer’s Market: 92% Of Recent Home Sellers Accepted Buyer-Friendly Terms
Realtor.com survey also found that 41% of home sellers accepted some contingencies in the contract.
Redfin: Sellers Backing Off As Prices Fall & Mortgage Rates Surge
With new home listings falling 15% annually, sellers are reluctant to list their homes as they have begun to see prices come down.