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Did home sales momentum fizzle in December?

Housing Wire

This is the national view, so some markets, like in the northeast, have seen home prices increase by 10% in 2024. Days on market continues to rise Homes are staying on the market nearly 80 days now, 78.7 During the pandemic it was down closer to 20 days at the peak of the craziness. Learn more here.

Sales 448
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The unexpected strength of home prices this year

Housing Wire

I’ve talked about rising inventory, slightly more sellers each week, longer days on market, fewer immediate sales — given all this data, you’d expect that would mean that prices would be subsiding at least a bit, but in general, across the country, home prices are not subsiding.

Mortgages 476
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Housing market hinges on mortgage rates and supply, not commission structures

Housing Wire

“Incomes, wealth, life events, mortgage rates all play a role in determining housing demand, while on the supply side we have land costs, government regulations in terms of zoning rules, geographic constraints to building and builder financing costs,” Divounguy added. “So, As these business practice changes begin Aug.

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Don’t get too excited about the jump in existing home sales

Housing Wire

Another positive data line is that the days on market are above 30 days, which is something I would love to see year-round. The days on market are very seasonal, but we haven’t had the days on market stay over 30 days year-round since 2020, which is a reflection of active listings still being near all-time lows.

Sales 493
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57 crucial real estate statistics that explain the 2025 market

Housing Wire

This proves your expertise to clients and allows you to provide them with knowledge about the real estate market. The average days homes stay on the market is 117 days; the median days on market is 77 days. 80% of buyers financed their home purchase, and 23% of people financed 80% to 89% of the home.

Marketing 360
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Residential real estate activity picks up despite low inventory

Housing Wire

Richmond – Residential real estate respondents indicate in the report that the spring market is off to a good start, with sales prices continuing to appreciate, but not at the same pace as last year. However, fluctuations in mortgage rates have caused buyers to pull back, with pending sales and closed sales both down in this District.

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From consultation to closing: The definitive homebuying checklist

Housing Wire

Review comparable sales: Show your clients how a comparative market analysis (CMA) will be used to help them make an offer and determine the fair market value (FMV). Discuss pricing and inventory trends: After you go over how you determine FMV, go over the latest local trends in home prices, days on market, available inventory.

Closing 372