By the NumbersSellers are feeling confident this springEven as the market has slowed, sellers are optimistic that they can get a good deal on their sale.Dave GallagherApril 17, 2023
By the NumbersCan California solve its worsening affordability crisis?High prices are nothing new in the Golden State, but an increasingly small fraction of residents can afford a home. Is a turnaround in sight?Dave GallagherApril 15, 2023
By the NumbersInvestor home sales could boost overall inventoryA survey by Bright MLS found that investor properties accounted for more listings this spring, possibly due to fears of a looming recession.Dave GallagherApril 13, 2023
By the NumbersMortgage rates decline for a fifth week; applications riseThe 30-year fixed-rate mortgage dropped slightly to 6.27%. Rates in the 6% range may no longer be phasing buyers — particularly repeat buyers.Dave GallagherApril 13, 2023
By the NumbersHot or not: Where the market is going this summer and beyondWith inventory low and interest rates elevated, economists don’t expect to see activity pick up until later in the year.Dave GallagherApril 10, 2023
By the NumbersSpring inventory: ‘Buyers can’t buy if sellers don’t want to sell’Even as falling interest rates have opened the door for more buyers, not enough sellers are listing, keeping inventory stubbornly low.Dave GallagherApril 8, 2023
By the NumbersInterest rates keep dropping, but low inventory puts damper on springMortgage applications have slowed even though rates fell for the fourth straight week, with the 30-year fixed-rate mortgage hitting 6.28%.Dave GallagherApril 6, 2023
By the NumbersHome features that can fetch your sellers a better priceZillow's latest analysis of listing descriptions found that certain keywords were correlated with higher sale prices and faster sales.Dave GallagherApril 5, 2023
By the NumbersNo mass movement: Americans are staying putApart from an early-pandemic spike in moves, mobility has continued to decline for decades, particularly among young renters.Dave GallagherApril 3, 2023
By the NumbersHome flippers were busy in 2022, but profits sankThe number of homes flipped last year reached a two-decade high, but average gross margins declined, and market conditions may deter flippers in 2023.Dave GallagherApril 2, 2023
By the NumbersAgents, get your sellers ready for the selling 'sweet spot'A Realtor.com analysis identified the best time to sell in 2023, and it's just around the corner. The report also said to expect a more typical spring season.Cheryl Reid-SimonsMarch 31, 2023
By the NumbersMortgage rates continue 3-week declineSince peaking in November, rates have been up and down — and up and down. Economists say it's hard to predict what's next, but buyers may want to act now.Dave GallagherMarch 30, 2023
By the NumbersPending sales signal modest improvement in housing marketNAR reported that February pending home sales were up 0.8% from January, making it the third consecutive month of increases.Dave GallagherMarch 29, 2023
By the NumbersPrice growth continues to slow, especially in the WestThe Case-Shiller and FHFA indices reported dips in annual and monthly home price appreciation, with current levels reflecting more typical rates of growth.Dave GallagherMarch 28, 2023
By the NumbersBoomers are now biggest group of buyers Millennials dominated the market in 2021, but as affordability pushed younger buyers to the sidelines, boomers took over as the top group of buyers 2022.Dave GallagherMarch 28, 2023
By the NumbersCondos an overlooked step to homeownershipNew study finds condos cheaper than homes in most major cities, on par or more expensive in others.Cheryl Reid-SimonsMarch 24, 2023
By the NumbersMortgage interest rates fall for a second weekRates dropped to 6.42% this week, down significantly from 6.73% just two weeks ago, which could give buyers a window to act.Dave GallagherMarch 23, 2023
By the NumbersFed moves forward with modest rate hikeThe Federal Reserve increased its benchmark rate by a quarter point, which is likely to influence mortgage rates and slow homebuying activity this spring.Dave GallagherMarch 22, 2023
By the NumbersHome sales way up in February, but spring numbers could dipNAR reported a big jump in existing home sales from January to February, though sales and prices are down compared to a year ago.Dave GallagherMarch 21, 2023
By the NumbersSmaller homes in demand as affordability stymies buyersZillow research found that homes with the smallest footprints have seen a higher rate of price growth and an annual decline in inventory.Dave GallagherMarch 20, 2023