article thumbnail

Typical days on market reaches slowest pace in 5 years: Redfin

Inman

Persistent market headwinds resulted in a slow beginning to the year, according to Redfin. The typical days on market reached 54 days this month the slowest pace since 2020.

article thumbnail

Days on market grow despite low inventory for existing homes

Housing Wire

On a positive note, however, the days on the market are no longer a teenager anymore: that metric grew from 18 days to 21 days. I cheer because the savagely unhealthy housing market theme I talked about back in February of this year was the same premise of the housing reset talking point the Federal Reserve uses.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Will ‘days on market’ become the industry’s next big debate?

Real Estate News

Defining days on market is not as simple as it may seem, and leaders have different views on how DOM ties into transparency, consumer interests or even fraud.

article thumbnail

Did home sales momentum fizzle in December?

Housing Wire

Inventory fell There are 635,000 single-family homes unsold on the market now. fewer homes on the market that a week ago. There are 27% more homes on the market now than a year ago. The total number of unsold homes on the market to start 2025 is just 18% fewer than at the start of 2018, seven years ago.

Sales 448
article thumbnail

What constitutes public marketing? NAR clarifies details on delayed marketing listings

Housing Wire

Under the National Association of Realtors (NAR) new Multiple Listing Options policy, the trade group is allowing listing agents, with the signed consent and direct permission of their seller client, to delay publicly marketing a listing through Internet Data Exchange (IDX) feeds and syndication.

Marketing 221
article thumbnail

HousingWire unveils powerful new tools to help subscribers stay ahead in a fast-changing market

Housing Wire

The updates include a customizable Housing Market Data tool that gives users the power to customize charts and data on the HousingWire site and a gifting tool that allows subscribers to share news and articles with people in their network without a HousingWire subscription.

Marketing 369
article thumbnail

57 crucial real estate statistics that explain the 2025 market

Housing Wire

Stats are the fuel to the fire of the real estate market and will make you exude confidence in conversations with potential clientsmaking them feel confident in hiring you to represent them. This proves your expertise to clients and allows you to provide them with knowledge about the real estate market.

Marketing 358