Roughly 57,000 home sale agreements nationwide were canceled during June, which is equal to 14.9% of homes that went under contract last month. According to a new report from Redfin, June’s share of canceled sales was up by 13.9% from one year earlier and marked the...
Two new data reports are offering a rocky view of today’s home selling market. Zillow (NASDAQ: Z, ZG) reports 1.36 million homes were for sale in June, the most since November 2019, with 28 of the nation’s largest metros being defined as either balanced or in buyers’...
The latest housing data from RE/MAX (NYSE: RMAX) determined home sales during June were up across the 50 metro areas surveyed by the company. This marked the fifth consecutive month of increased sales. Last month’s sales activity was 1.3% higher compared to May and...
A bipartisan effort is seeking to create a government-backed loan program that will help homeowners fund the creation of accessory dwelling units (ADUs) homes on their properties. The Wall Street Journal reports Rep. Sam Liccardo (D-CA) and Rep. Andrew Garbarino...
Single-family housing starts in June were at a rate of 883,000, according to data from the US Census Bureau and Department of Housing and Urban Development. This is 4.6% below the revised May figure of 926,000. Privately-owned housing starts in June were at a...
Zillow Asks Federal Court to Permanently Dismiss RESPA Lawsuit
