Analysis and Data
Inventory up 16%, new listings down 2.9%, and nearly 15% of pending sales fall through as elevated mortgage rates and regional disparities reshape buyer behavior
Higher rates, rising geopolitical conflict play a role; FHA refinances drive app activity
Today’s seniors making different choices about where and how they live, reports find
New report points to growing likelihood of price corrections ahead
Analysis shows nearly 15 million vacant homes nationwide — but what looks like oversupply may indicate something else
Despite legal shakeups, agent commissions rebound to pre-settlement levels — now averaging 5.44% nationwide
Adding to affordability problem, skilled labor shortage driving up costs, timelines of building new houses
Purchase, refinance activity dropped, but remain well above last year’s levels, MBA reports
Sales rose 3.5% in May as inventory hit a post-2020 high of 1.3 million listings, with sellers cutting prices on a record 26% of homes
From 2020 to 2023, monthly housing costs jumped 29% for outright owners and 16% for mortgage holders, as taxes, insurance, and utilities stretch budgets across the board