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Redfin: Average Home Is Selling Above Its Asking Price Again

Redfin: Average Home Is Selling Above Its Asking Price Again

by Phil Hall | Jul 6, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The average sale-to-list price ratio hit 100.1% during the four weeks ending July 2, according to new data from Redfin (NASDAQ:RDFN). This marks the first time since last August that the average home was selling for more than its asking price. Redfin also noted the...
Affordable Homeownership Strangled by Tighter Credit, Low Inventory

Affordable Homeownership Strangled by Tighter Credit, Low Inventory

by Phil Hall | Jun 5, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Affordable homeownership opportunities continue to be an elusive concept, with new data from Black Knight Inc. (NYSE:BKI) that found all of the nation’s 100 largest markets remain less affordable than their respective long-term averages. The new data study determined...
S&P Case-Shiller: Home Prices Are Rising Again

S&P Case-Shiller: Home Prices Are Rising Again

by Phil Hall | May 30, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest data from the S&P CoreLogic Case-Shiller Indices show a continued recovery for U.S. housing prices, with all 20 major metro markets tracked for analysis reporting month-over-month price increases. The U.S. National Index posted a 1.3% month-over-month...
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