Summer 2025 was the only time in records dating back to 2013 that sellers outnumbered buyers by a larger percentage. This mismatch means it’s a buyer’s market, with many buyers successfully negotiating lower prices and or concessions from sellers. Austin, TX is the strongest buyer’s market, while Nassau County, NY is the strongest seller’s market; […]
U.S. home prices rose 0.2% from a month earlier in November on a seasonally adjusted basis. Home prices increased 2.6% year over year, down from 2.9% the month before and the slowest growth in records dating back more than a decade. Prices fell month over month in 11 major metros, with the biggest declines in
U.S. Home Prices Ticked Up 0.2% in November Read More »
A lakeside Rochester suburb tops the list, but the Bay Area is a close second. Irondequoit, NY, a suburb of Rochester, is the most competitive housing market in the U.S. Homes in the lakeside town typically sell in just 8.5 days and for well over their asking price. It’s followed by Sunnyvale, CA, Santa Clara,
Western New York Is the Most Competitive Place to Buy a Home in America Read More »
Active listings fell 1.4% month over month in November as sellers backed off due to sluggish homebuyer demand. Pending home sales fell the most in nearly a year, and the typical home that did sell sat on the market for 53 days—the slowest November pace in nearly a decade. A silver lining for buyers: Many
Home Sellers Retreat, With Supply Posting Biggest Decline Since 2023 Read More »
House hunters are retreating amid high housing costs and a seasonal slowdown, leading prospective sellers to pull back, too. U.S. pending home sales fell 5.8% from a year earlier during the four weeks ending December 14, the biggest decline since the start of 2025. On a metro level, pending sales declined in all but six
Pending Home Sales Fall 6%, the Biggest Drop in Nearly a Year Read More »
The Midwest and South are home to a majority of the country’s most affordable cities. A typical household in Bellefontaine Neighbors, MO, a St. Louis suburb, would need to spend just 16% of their income on housing every month—the lowest share in the nation and less than half the national average. Ferguson, MO (17.6%), Detroit,
The Suburbs of St. Louis Are the Most Affordable Place in the U.S. to Buy a Home Read More »
