New Listings and Inventory Increase While Median Sales Price Drops Month to Month Across 52 metro areas, the number of new listings in January surged 53.7% over December and was nearly the same (down just 0.1%) as in January 2024. Inventory in January rose 5.0% from December and was 30.9% higher than a year ago. The median sales price of $422,000 was down 1.8% from December but up 5.3% – or approximately $21,000 – from January
Read MoreThe typical home that sold sat on the market for 56 days—the longest of any January since 2020 Homebuyers have the most options since 2020, but few are biting because rising housing costs have made monthly payments tough to swallow. That is according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Pending home sales in January fell to the lowest level on record aside from the start of
Read MoreThe price of living alone climbs again, with solo renters paying thousands more Love might be priceless, but living alone sure isn’t. The “singles tax” — the extra amount solo renters pay for a one-bedroom compared to splitting rent with roommates or partners — has soared to a record-high $7,562, according to a new Zillow Rentals analysis. While some may call it the price of peace and quiet, it’s also equivalent
Read MoreLaseter Development Group will focus on delivering housing in rapidly growing Sunbelt market Institutional investors advised by J.P. Morgan Asset Management in partnership with the principals of Georgia Capital, an Atlanta-based residential investment and development firm, and its affiliated production homebuilding company, Paran Homes, announced the launch of Laseter Development Group (“Laseter”). This newly created, vertically integrated build-to-rent (BTR) development company will look to increase the housing supply by building single-family rentals in high-demand
Read MoreCEO Coaching International, the leading executive coaching firm for growth-focused CEOs and entrepreneurs globally, proudly welcomes Jeff Tennyson as its newest Partner and Coach. A seasoned leader with over 30 years of experience in the real estate and financial services industries, Tennyson has a proven track record of scaling businesses, driving M&A success, and building high-performance cultures. He has guided six companies through acquisitions by private equity firms and strategic buyers, making him an invaluable resource for CEOs navigating growth and exit
Read MoreCompleted Foreclosures (REOs) Increase Monthly in 30 States; Foreclosure Starts Up Monthly and Down Annually Nationwide ATTOM, a leading curator of land, property data, and real estate analytics, released its January 2025 U.S. Foreclosure Market Report, which shows there were a total of 30,816 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions – up 8 percent from the prior month but down 7 percent from a year ago. “January showed a
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