Remove articles existing-home-sales-moved-lower-in-august-nar
article thumbnail

Hot Off the Press: What Today’s Housing Numbers Mean for You & Your Clients

The Close

The real estate housing market numbers, month over month, reflect incremental increases in inventory and median price, which have resulted in an incremental decrease in sales activity. Existing sales slipped 2.2% from last month, but sales are down 16.6% What Does NAR’s Lawrence Yun Say? My takeaway?

article thumbnail

Inside Redfin’s unique, brave and vulnerable business model

Housing Wire

But Alipour exited Redfin for Compass last month, due to Redfin’s sales expectations. In exchange, the agents set a sales commission and negotiate with the brokerage their commission cut. This classification is essential to the real estate industry, homeowners across the country, and to boosting the economy,” NAR declared.

Brokerage 367
Insiders

Sign Up for our Newsletter

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

article thumbnail

The Expectations vs. Reality Gap: Millennials Want to Buy a Home within a Year, but Saving Takes up to 10 Years

Point2Homes

And, although personal savings went through the roof in April (reaching 33.7%) one month of extraordinary budgeting may not move the needle. Considering savings rates, median incomes and median home prices, the time needed to save for a 20% down payment in the 100 largest U.S. Homes are flying off the shelves after pent up demand.

Finance 96
article thumbnail

Housing Market 2020 Forecast: Will It Crash or Recover?

Marco Santarelli

Here are the updated national housing market trends— home prices, inventory, sales, and forecast. Given the current fundamentals, real estate sales should remain strong in most U.S. month supply at the current sales pace. The pent-up demand drove the home prices up 8.1 houisng markets for the foreseeable future.

Marketing 145
article thumbnail

Shift Happens: How Top Agents Survive (and Thrive) in a Turning Real Estate Market

Boom Town

Defined by the crushing great recession of 2008 and the subsequent steady rise to a booming seller’s market (fueled by sky-high home prices and stalled inventory growth), it’s been a wild ride. Moving into 2019 the #1 buzz in the biz is undeniably the shifting market. Home Prices: Slight Deceleration. A Peek at the Data.

Agents 58