Sales of new homes in all four major US regions dropped in the last two months of 2018. The year-over-year trend was especially drastic in the Northeast, where new-home sales fell by 16.1 percent in December. Here’s a look at the annual drop in single-family new-home sales (seasonally adjusted) across the country in the final […]
New-Home Sales Saw Double-Digit Drops to Close Out 2018 Read More »
December home sales fell 11 percent as prices turned in their smallest gain in over six years. Boston and San Jose both saw prices decline year over year. As predicted by CEO Glenn Kelman in early November, the housing market ended 2018 not with a bang, but a whimper. U.S. home-sale prices increased just 1.2
Home Prices and Sales Ended 2018 Not With a Bang, But a Whimper Read More »
35-44 year olds were hit hardest by the housing bust just as they reached prime first-time homebuying age Less than half of homebuyers and sellers between the ages of 35 and 44 believe that real estate is a better long-term investment than the stock market, according to a survey Redfin commissioned in December of more
Buyers in every part of the city get a major reprieve, but one in three South Seattle offers still face competition As the share of Redfin offers facing competition plummets to an eight-year low nationally, the Seattle metro area has seen a particularly spectacular decline in bidding wars, falling from 75 percent of all offers
Bidding Wars in Seattle Nearly Vanish with Only 1 in 10 Offers Now Facing Competition Read More »
We predict that the housing market will continue to cool into the first half of 2019. Inventory will rise back up to 2017 levels, and price growth, while likely still positive, will be the lowest we’ve seen since 2014 or possibly even 2011. Investors and house-flippers will back away from the cooling market, and real
Builders are lowering prices and offering complimentary upgrades and other incentives to lure Dallas-area buyers.
Sales of New Homes Flatten as Supply and Prices Post Modest Growth in the Third Quarter Read More »
