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Economics

New Home Sales Are Down, But Market Volatility Is Expected

Sales figures in April, May, and June were revised upward by 46,000 units combined

Potential Sellers May Feel Trapped With Their Homes

Rising interest rates and the scarcity of available homes influence homeowners to stay with their current properties

Why So Many Americans Are Worried About Buying A Home

Our economy has come a long way since the 2007-2009 recession. Wages are going up, unemployment is at its lowest level since May 2007, and we’re…

New Housing In Some Cities May Finally Be Catching Up With Demand

The latest Census Bureau numbers show big population gains in America’s big cities. According to a…

Housing Demand Ticks Up As Selling Season Commences

The Redfin Housing Demand Index increased 9.2 percent from March to a seasonally adjusted level of 121 in…

Sales

Lessons From the Automotive Industry

A longtime builder shares what he learned from an apprenticeship with a car dealer

Chicago Home Sales Dip Due To Low Inventory, Stagnant Job Growth

Homes sales in the Chicago area dropped 2.3 percent and prices rose 5.2 percent year-over-year in April, according to the

Existing Homes Are Selling At Fastest Pace Ever Recorded

Buyers need to act quickly to land a house, even ones that are not newly built. As of last month, existing homes sold within a median of…

Zillow To Launch Home Selling Program

Both buyers and sellers use Zillow to check rough estimates on any house in the nation and connect with local real estate agents. Now it…

Lawsuit Claims That Zillow Estimates Are Misleading

Though Zillow says that their house price estimates are not official appraisals, buyers treat them as such, a new lawsuit filed by…

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