Real Estate News Feed
Asking Prices Out Of Whack With Selling Prices
Tue, 29 Apr 2025 14:59:34 GMT
The typical home for sale is listed for 9% more than the typical home is selling for. The prices home sellers are asking for and the prices homebuyers are paying haven't been this out of whack since the start of the pandemic.
Case-Shiller Home Price Index Up 3.9%
Tue, 29 Apr 2025 14:58:55 GMT
The CS 3-month average of closing prices was up 3.9% for the months of December, January and February.
Job Openings Flat in March
Tue, 29 Apr 2025 14:58:16 GMT
The number of job openings was little changed at 7.2 million in March, the U.S. Bureau of Labor Statistics reported.
Weekly Housing Inventory Up 1.3%
Mon, 28 Apr 2025 15:02:24 GMT
As of April 25th, the inventory of homes available for sale grew to 729 thousand, compared to 719 thousand the prior week.
Recession Near?
Mon, 28 Apr 2025 15:01:47 GMT
Tariffs will cause supply chain disruptions, causing inventory shortages and leaving retailers struggling to stock products.
Commissions Haven't Declined Despite NAR Settlement
Mon, 28 Apr 2025 15:01:04 GMT
More than a year after a historic legal settlement promised to deliver seismic shifts to commission structures, homebuyers and sellers are still waiting to see changes that impact their wallets.