Posts by John Yellig

NAHB: U.S. in a “housing recession,” single-family starts will decline in 2022 

The NAHB/Wells Fargo Housing Market Index fell for the eighth straight month in August, as the key measure of builder confidence indicated a pessimistic...

Keller Williams launches new business-development programs for agents 

The brokerage's new "communities" will provide its agents with specialized training, technology, coaching and referral...

Zillow brings Opendoor offers to its platform 

Sellers using Zillow may request and view an offer directly from Opendoor and compare it to an open-market sale with a real estate...

CoreLogic: Houston home-price increases slightly lag national average in June 

Home prices were up 17.6% in Houston on a year-over-year basis, compared to 18.3% nationwide, CoreLogic reported, citing its Home Price...

After May bump, pending-home sales hit June dip 

"Contract signings to buy a home will keep tumbling down as long as mortgage rates keep climbing, as has happened this year to date." — National Association of Realtors chief economist Lawrence Yun...

June new-home sales drop 8.1% month over month

At the same time, the inventory of new homes for sale rose 10.7%, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported....

Single-family housing starts fall for fourth month in a row in June 

The pace of new multifamily construction, however, jumped, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development....

NAR: Existing-home sales continue slide in June 

At the same time, the median existing-home price rose 13.4% year over year to...

Houston housing inventory jumps as home sales fall in RE/MAX survey 

Nationwide, sales hit their highest level of the year, rising 4.7% from June but falling 17.6% on a year-over-year basis, RE/MAX...

NAHB: Builder confidence falls for seventh consecutive month in July

July saw the NAHB/Wells Fargo Housing Market Index post its second-largest monthly drop ever, as worries about housing affordability dampened builder...

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