Tagged: Home Prices

Redfin reports record home prices as existing-home sales reached their highest level since 2022

New report highlights growing demand for creative financing and first-time buyer solutions

First American says limited inventory is keeping prices at historic highs, while luxury homes continue to outperform starter and mid-tier markets

New data shows sellers who miss the market on pricing are paying a growing penalty, while buyers gain leverage in many regions

Closed transactions reflected April's lower mortgage rates, while flat pending sales offered an early warning that higher borrowing costs are weighing on buyers again

Cotality reports 0.3% annual appreciation in April as affordability pressures cool some markets and Midwest metros gain momentum

Minimal appreciation masks ongoing pressure from rates and rising ownership expenses

Cooling gains may ease buyer strain, but inflation-adjusted declines and regional splits complicate outlook for LOs and borrowers

Lower home sale returns are reshaping borrower equity, concessions, and transaction stability across U.S. markets

New analysis shows widening gap has pushed the price-to-income ratio to more than 5, nearly double historical norms