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Sales + Marketing

Where to Go When the Housing Market Gets S.L.O.W.

There are two paths you can take in a changing new-home sales market, but only one of them will help you succeed during a slowdown

New-Home Sales

Debunking the Myths—Why Buying a New-Construction House May Be a Better Alternative

First-time buyers have traditionally strayed from new-construction homes in favor of more affordable existing houses, but buying new also offers a number of can't-miss benefits

Market Data + Trends

A Record Share of Sellers Offered Concessions in Q4 2022

As homebuyer demand wavered in the final quarter of 2022, sellers were forced to make concessions and slash their listing prices

Sales

November Existing-Home Sales Slow to Lowest Level Since 2011

Home sales slowed at a rapid pace in November as soaring mortgage rates continued to price out prospective buyers

Market Data + Trends

2022 Housing Market in Review: A Year for the Record Books

Rattled by soaring inflation, a turbulent economy, and a major pullback from would-be buyers, the 2022 housing market was nothing short of extraordinary

New-Home Sales

Despite Rebounding in November, Home Sales Are Slowing Nationwide

New-home sales inched higher in November after posting little to no growth throughout much of 2022, but an ongoing affordability crisis is keeping most would-be buyers glued to the sidelines

Market Data + Trends

As Mortgage Rates Rise, Existing-Home Sales Are Inching Toward Record Lows

Rising interest rates are causing would-be buyers to back out of the for-sale market, and that waning demand is leaving homes on the market for nearly a week longer than a year ago

Housing Markets

98 of 100 Largest Markets Saw Steep Price Drops in September

The housing market is rebalancing after a competitive period of low interest rates, huge buyer demand, and competitive home prices

New-Home Sales

Trend Shows Improving Buyer Expectations of Housing Affordability in Q2, Q3 2022

But the National Association of Home Builders attributes these affordability shifts to changes in the composition of prospective buyers rather than increase in overall affordability

New-Home Sales

Trick or Treat? Market Slowdown Is No Treat for Sellers

According to Zillow, the average number of days homes are staying on the market continues to climb, a 45% increase from last year

 

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