Tagged: Home Sales

Despite subdued investor activity, rising sentiment presages a broader return to the market as it softens.

However, this is the first July since 2020 that the typical home sold below asking price.

Year-over-year increases show the housing market continues to slowly shift in favor of buyers.

The year-over-year decline was most pronounced in the South and Northeast, where sales fell 5.1% and 4% respectively.

Only two months in past decade saw fewer home sales, Redfin reports

Zillow reports 80% of recent sellers were influenced by life events, not rates or financial conditions.

Prices jumped from 7% to 21% in all six counties

The median U.S. home-sale price hit a record $387,600 during the four weeks ending May 19

Rising inventory is driving up home prices and transaction activity in the Washington D.C. metro area.

Fannie Mae forecasts fewer Federal Reserve rate cuts this year.