Inventory will be the gating factor for home sales in 2025

Inventory will be the gating factor for home sales in 2025

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Glenn Kelman, Redfin CEO, joins ‘Money Movers’ to discuss Kelman’s view of the housing market in September, the magic... Read more »
Bel-Air Home on Bentley Avenue Tops L.A. Luxury Contracts

Bel-Air Home on Bentley Avenue Tops L.A. Luxury Contracts

L.A.’s luxury home market has slowed in the last week, but deal velocity continues at a solid and steady pace. Homes under contract in Los Angeles County totaled $120.7 million in volume... Read more »
Home sales climb with lower mortgage rates

Home sales climb with lower mortgage rates

The rate of home sales is picking up! The number of homes under contract across the country has risen for the last few weeks. Purchase mortgage applications are up for five weeks... Read more »
Average Home Price in San Francisco in 1980

Average Home Price in San Francisco in 1980

San Francisco is known for its high cost of living, but have you ever wondered what the average home price in San Francisco in 1980 was? Today, we often hear jaw-dropping numbers when discussing... Read more »

Impossibly high home prices are 'feudalizing' California as unaffordable housing markets pose existential threat to middle class, study says – JASON MA, Fortune

There are unaffordable housing markets, and then there are “impossibly unaffordable” markets, four of which are in California, a recent study said. The housing crisis represents an obstacle to upward mobility, and... Read more »
High-end hospitality concepts shifting home buyer demands: ILHM

High-end hospitality concepts shifting home buyer demands: ILHM

Real estate May 30, 2024 Renderings of Dolce & Gabbana’s first U.S. branded residences arrive as luxury single-family home buyers seek similar perks for their spaces. Image credit: JDS Development Group   By Zach... Read more »
Despite Lower Mortgage Rates Home Sales Are Still Falling in 2024

Despite Lower Mortgage Rates Home Sales Are Still Falling in 2024

In August 2024, US home sales fell significantly, registering a decline in existing home sales despite easing mortgage rates and an increase in the number of houses available on the market. This unexpected downturn... Read more »

Most home listings in San Francisco have been on the market for over a month – CHRISTIAN LEONARD, San Francisco Chronicle (Subscription)

It often feels as if homes in the Bay Area get snapped up almost immediately after they go on the market. But the reality is a bit different. In May, 55% of... Read more »
New Home Sales Fall in August, But Remain Strong

New Home Sales Fall in August, But Remain Strong

In August 2024, new home sales faced a significant decline, down 4.7% compared to the previous month, with a seasonally adjusted annual rate of 716,000 homes sold. This figure follows a notable increase of 10.6% in July, demonstrating... Read more »
Why aren’t home prices falling?

Why aren’t home prices falling?

For years, the U.S. housing market boomed. Economic growth, cash flowing through the economy, and cheap mortgages all drove massive homebuyer demand for more than a decade. People have told me, “Home... Read more »