For the first time since February, there are slightly more than half as many homes available for sale compared to this time last year. This milestone hardly seems like one many home buyers would want to celebrate, but it also marks the 7th consecutive week of smaller declines in the number of homes that […]
Market News
Market News
Weekly Housing Trends: Week May 17, 2021
Even though homes continue to sell faster in what is solidly a sellers’ housing market in most areas, another jump in the number of new sellers compared to a year ago has caused some of our weekly metrics to take a tiny step in a more buyer-friendly direction. Home price gains eased this week […]
Weekly Housing Trends: Week of May 10th
Even though homes continue to sell faster in what is solidly a sellers’ housing market in most areas, another jump in the number of new sellers compared to a year ago has caused some of our weekly metrics to take a tiny step in a more buyer-friendly direction. Home price gains eased this week […]
Weekly Housing Trends: Week of April 19, 2021
We’re now at a period where the year-ago comparisons we’re making are against the early days of the pandemic when the real estate market, like many of the sectors of the economy, largely hit pause. When comparing today’s frenzied market to last year’s frozen market, the differences are going to be large. While home prices […]
Weekly Housing Trends: Week of April 12, 2021
After increasing last week for the first time in 2021, new listings were down again, highlighting the up and down progress on the road to a more normal housing market. We’re still far from reaching “normal” thanks to continued strong buyer interest far outstripping the availability of homes for sale. While this creates challenges for […]
Weekly Housing Trends: Week of April 05, 2021
The housing market continues to be competitive for buyers resulting in higher home prices and quick-selling homes. One bright spot for buyers is new listings increased for the first time this year, and more is likely ahead in upcoming weeks as we move into the heart of the home-selling season. More listings should give buyers […]
Weekly Housing Trends: Week of March 22, 2021
Buyers are flooding the housing market early in the year, as they have in the last few years, eager to find a home of their own. With plenty of buyers and not as many sellers, homes are selling fast at prices much higher than this time last year. Seller activity typically picks up as we […]
Weekly Housing Trends: Week of March 8, 2021
Mortgage Rates Hit Three Percent Since reaching a low point in January, mortgage rates have risen by more than 30 basis points, and the impact on purchase demand has been noticeable. While purchase activity remains high, it has cooled off over the last few weeks and is currently on par with early March, prior to […]
Weekly Housing Trends: Week of March 1, 2021
Weekly Housing Trends Key Findings As we move closer to the heart of home buying season, we’re starting to see some relatively promising signs in trends among sellers. While there are still fewer newly listed homes compared to a year ago, the share of newly listed homes is rising meaning that buyers are seeing […]
Weekly Housing Trends: Week of February 15, 2021
Weekly Housing Trends Key Findings Would-be buyers in 2021 have many of the same advantages and challenges that we’ve seen in a housing market that has been ultra competitive since regaining its footing after the initial pandemic dip. Lower mortgage rates make monthly payments for higher priced homes more manageable, but finding a home […]
