June 2021 Monthly Housing Market Trends Report: New Listings Stage a Comeback in June as Home Prices Hit a New High

The national inventory of active listings declined by 43.1% over last year, while the total inventory of unsold homes, including pending listings, declined by 20.3%. Newly listed homes on the market are up 5.5% nationally compared to a year ago, and 11.7% higher for large metros over the past year. However, sellers are still listing […]

A Buyers Guide to a Sellers Market

When buyers outnumber sellers, it’s important to be flexible and ready to move quickly when the right home comes along. Navigating the home-buying process can be difficult in the best of times, but it can be especially stressful when you’ve planned and saved, only to see your favorite homes snatched up before you can even […]

Don’t Play, Parents: Homes With Kid-Friendly Features go Fast

Listing keywords indicating nearby parks, bonus space, and pools are some of the hottest for attracting home shopping families. Families should expect to pay more for kid-friendly features, with listings that mention “treehouse” or “garage” associated with a 2.2% sale premium. Kid-friendly homes are also selling quicker than expected. Homes with a backyard mentioned in […]

History Not Repeating: Why Today’s Housing Market Won’t Turn into 2008’s

Today’s housing fundamentals — including supply, demand and overall financial conditions — are markedly different than in 2008, and current conditions are largely sustainable. Housing supply is extremely tight — arguably the one factor most dramatically different today from the 2008-era market, when a wave of foreclosures following years of robust homebuilding pushed supply well […]