U.S. home values grew by 1.4% from April to May, the strongest monthly appreciation since last June, according to new data from Zillow Group (NASDAQ:Z, ZG). The home value as of May was $346,856, up 0.9% year-over-year. Zillow Senior Economist Jeff Tucker noted the...
New listings have become the housing market’s equivalent of an endangered species, as data report from Redfin (NASDAQ:RDFN) has determined new listings were down 25% year-over-year as of the four weeks ending June 4 – the lowest level of any early June on record....
Too many Americans who recently bought homes are having some regrets over their new purchase – 93%, to be precise, according to a survey released by Clever Real Estate. In a nationwide poll of buyers who acquired homes between 2021 and 2023, more than half (56%) said...
An increasing number of home sellers are making concessions to lure buyers into purchasing their properties. According to new data from Redfin (NASDAQ:RDFN), 42.9% of home sales during the three months ending April 30 involved seller concessions, up from 25.5% one...
Remember those days of multiple offers? Lines of buyers outside the door of your latest listing? Those days are over in most markets as mortgage rates steadily test the 7% level and buyers grow increasingly skittish about a recession. But you have a listing that has...