Median list prices fell 2.4% year-over-year during May, according to a new report from Realtor.com. This marked the steepest decline in data recorded by Realtor.com since 2017. The national median list price was $429,500 in May, up 1.1% from April but down 2.4% from...
Realtor.com is now offering RealAssist AI, a home search tool designed to help buyers find a home through natural conversation and AI smart prompts. According to the company, the new tool was built with Google’s Gemini and Google Cloud and can help users compare...
The typical down payment during the first quarter was $23,400, a 19% decline from one year before. According to new data from Realtor.com, this marked the fourth consecutive quarterly decline in down payments and the lowest level since 2021. And while it was above the...
Buyers of newly built homes can save an average of $25,335 over the first 10 years of ownership compared to those who purchase 20-year-old homes, according to a data analysis by Realtor.com. The savings are primarily from the lower utility costs from newer...
The national median asking monthly rent across the nation’s 50 largest metro areas in April was $1,673, down $29 or 1.7%, year-over-year. This marked the 33rd consecutive month of annual declines for 0-2 bedroom properties. According to data from Realtor.com, the...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
