Housing Market News
Home-Price Growth Slows As Mortgage Rates Dip to Lowest Level in Over 2 Months
Some Redfin agents are advising prospective buyers to get serious now as mortgage rates decline and the housing market tilts in buyers’ favor. The median
Some Good News For Homebuyers: Slower Price Growth, More Supply and More Bargaining Power
The median monthly housing payment remains near record highs, but slowing price growth, declining mortgage rates and a pileup of supply is giving homebuyers in
Housing Supply Is Piling Up As Home Sellers Enter the Market But Buyers Stay on Sidelines
New listings are up 7.4% from a year earlier, while pending sales are down 6%. Sales are slow mostly because of high home prices and
New Listings Post Biggest Increase of the Year While Homebuying Demand Declines, Leading to Big Pool of Supply
The uptick in new listings, along with slow sales, is contributing to a growing pool of supply for homebuyers to choose from. It has also
The Typical Home Is Taking Nearly 2 Months to Sell. That’s The Slowest Pace in 5 Years.
There are more than five months of supply on the market, the most since early 2019. Homes are taking a long time to sell largely
High Housing Payments Are Slowing Home Sales, But Buyers Could Get Relief Soon
In Los Angeles, demand for rentals is spiking as residents displaced by wildfires search for housing. The median U.S. monthly housing payment is $2,686, the