The volume of home sales during December dropped 7.3% year-over-year and 2.3% month-over-month, according to new data from RE/MAX LLC. The number of home sales declined year over year in every month of 2023, continuing the trend that ran throughout 2022. Inventory...
For the second time in a month, a lawsuit has been filed in Texas claiming the state’s real estate industry is engaged in a “conspiracy” related to broker commissions. The new putative class action lawsuit – Martin, et al., v. Texas Association of Realtors, Inc., et...
Homebuyers looking for property in the Empire State found themselves facing a historic residential drought last month, according to data from the New York State Association of Realtors (NYSAR). The state’s inventory of homes for sale plummeted to an all-time low of...
The median sales price of homes in Pennsylvania inched up slightly last month amid continued shrinkage in available properties, according to data from the Pennsylvania Association of Realtors (PAR). Last month, the median sales price in the Keystone State was...
Single-family home sales likely bottomed out during the fourth quarter this year and are expected to begin a slow but meaningful recovery in 2024, according to the latest commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. The ESR...
Fed Inflation Concerns Broaden as Barkin, Collins Back Restrictive Policy
