A new data report published by Redfin has determined there were an estimated 46.3% more home sellers than buyers in the housing market in February – a numerical gap of 629,808. This is up from 29.8% (or 449,409) from one year earlier and marked the largest imbalance...
Housing inventory across New York State dropped to 22,366 homes on the market in February, a 3.9% decline from the 23,266 homes available one year earlier. According to the New York State Association of Realtors (NYSAR), this is the lowest inventory level since the...
February closed sales totaled 12,618 across the Mid-Atlantic region covered by the Bright MLS service area, down 1.1% year-over-year, while new pending sales were down 0.5% from one year earlier. New listings for the region totaled 15,833, down 11.1% year-over-year,...
A total of 6,759 homes were sold in Pennsylvania during February, a 1.7% year-over-year uptick but a 48% spike from the previous month. “I think the month-over-month increase in sales reflects the more moderate temperatures we’ve been having across the...
A total of 6,581 homes were sold in Virginia during February, an increase of 452 transactions from one year earlier, which created a 7.4% gain. On a month-over-month measurement, sales were up by nearly 12%. There were 7,115 pending sales in February, a 5% increase...