However, a record low number of sellers listed their home in December Across the Bright MLS service area, there were 17,593 closed sales in December. Sales were 14.4% higher than they were in December 2023. For the year, the region posted 2.5% more sales than the year prior. Inventory is still...
REAL ESTATE INVESTOR OPTIMISM PLUMMETS IN THE FOURTH QUARTER Insurance issues join high finance costs, limited inventory and rising home prices as biggest challenges. Investors unenthusiastic about Trump proposals for higher tariffs and mass deportations. Real estate investor sentiment fell by 27...
REI INK has partnered with the National Private Lenders Association and John Burns Research and Consulting to give you the chance to participate in a survey of fix-and-flip market conditions. We are excited to announce that those who complete the survey are now able to download FREE fix-and-flip...
Supply increased from a year earlier to close out 2024, while pending home sales posted a small decline as mortgage rates remained near 7% New listings increased 8% year over year during the four weeks ending December 29, while the total number of homes for sale rose 10%, according to a...
Charlotte and Phoenix are also leading metros, while Ocala (Fla.) is the No. 1 growth city for the second time in three years The Dallas-Fort Worth-Arlington metropolitan area, better known as the DFW Metroplex, is the leading U-Haul Growth Metro of 2024. Charlotte, Phoenix, Lakeland and Austin...
Redfin reports renters move most often in Denver, Austin and Salt Lake City. They stay put longest in New York, Los Angeles and Riverside. A third (33.6%) of U.S. renters have lived in the same home for at least five years, up from 28.4% a decade ago. That’s according to a new report from Redfin...
Steady, single-digit house price growth signals a return to normal following the pandemic-to-post-pandemic roller-coaster ride, says Chief Economist Mark Fleming First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation...
Home sales are up 28% year over year in Portland, OR—the biggest gain of any major U.S. metro. Next come San Jose, Seattle and San Francisco, which also saw double-digit increases. In Portland, OR, home sales jumped 27.6% year over year in November—the biggest increase among the 50 most populous...
The national delinquency rate jumped 29 basis points (bps) in November to 3.74%, its highest level in almost three years, marking six consecutive months of year-over-year increases While much of November’s spike was driven by seasonality, post-hurricane distress, and a late-in-the-month...
