Current Market Data

For-sale inventory records first annual increase since 2008

Housing inventory is steadily recharging around the U.S., giving potential buyers more options. RE/MAX’s latest national housing report found October was the first month to show a year-over-year increase in inventory in nearly 10 years. Compared to one year

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Economists differ on 2019 real estate outlook

As 2018 winds down, so too have several leading indicators of home sales activity: New and existing home sales, builder sentiment, price growth and more have taken a turn for the worse in the closing months of the year.

Oct. pending home sales complicate short-term housing outlook

The latest report on pending home sales recorded in October, released today by the National Association of Realtors, showed more signs of a short-term slowdown. NAR’s pending home sales index declined by 2.6 percent last month compared to September,

Case-Shiller: Sept. home price growth slowest in nearly 2 years

The latest reading of the U.S. housing market — the S&P CoreLogic Case-Shiller Home Price Index for Sept. 2018 — showed yet another sign of sluggish price growth. S&P’s key 20-city composite index showed that home prices in the

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MLS, brokerages evolve their stance on private listings

There is a growing trend throughout several markets involving property listings that don’t appear on that market’s multiple listing system. The idea around private listings, or pocket listings, office exclusives or a number of other names, has been known

Existing home sales see first increase in six months

After six months of declines, existing home sales posted a month-to-month increase in October, according to the October report from the National Association of Realtors. Total existing home sales rose 1.4 percent from September to 5.22 million single-family homes,

October home building activity sends mixed signals

The most recent data from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development on home construction activity sent mixed signals for next year’s homebuilding outlook. While the number of housing starts grew 1.5 percent

Americans believe the housing market has cooled

Heading into the winter months, many Americans are seeing the housing market cool off. According to ValueInsured’s Q4 2018 Modern Homebuyer Survey, 75 percent of Americans believe their local housing market is cooling off. Additionally, 67 percent of those

Pending home sales grow slightly in September indicating stabilization

Despite the general trend toward a fall slowdown, pending home sales rose slightly in September compared to August. The National Association of Realtors reports that the pending home sales index rose 0.5 percent from 104.1 in August to 104.5

Home prices continue to rise while existing home sales slow, inventory tightens

Existing home sales declined to their lowest level since November 2015, according to the September National Association of Realtors existing home sales report. Existing home sales dropped to 5.15 million in September, a 3.4 percent drop from August and

Texas home market continues with strong year as sales, prices grow in Q3

Home sales in Texas are up for the year, but the Houston area is a truly booming in comparison, according to the third quarter report from the Texas Association of Realtors. Texas home sales are up 4.4 percent on

Rising home values can help homeowners, but it may cost them

Thanks to rising home values, more American homeowners are looking to tap into home equity that continues to grow, according to a recent survey conducted by Bankrate.com and research firm GfK f. But even though leveraging home equity into

Homeowners feeling more confident in the economy, ready to sell

As home prices continue to rise across the country, homeowners appear ready to sell their homes. A record 77 percent of Americans believe that now is a good time to sell their home, according to the National Association of

New construction activity finally climbs in August

The U.S. Census Bureau’s monthly New Residential Construction report showed builders broke ground on new homes and apartment buildings at a much higher rate in August compared to the prior month or last August. Housing starts grew by 9.2

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Texas home sales break the 100,000 mark in the second quarter

Texas continues its strong sales streak as the second quarter of 2018 saw a rise in both homes sold and median home prices. According to the Texas Association of Realtors’ Quarterly Housing Report, a record 100,227 homes were sold

Redfin: Growing evidence of migration to low-tax states

Economists predicted it and many real estate agents have already been seeing it. Now more data is beginning to show Americans are shopping for homes where their tax bills might be lower, likely in response to new federal tax

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