Housing Market

Home/Blog/Housing Market

Homes for Sale Inventory Grows for First Time Since 2019 [Video]

The inventory of homes for sale grew in May, with more new listings entering the market than in any other month since June 2019. Despite the increase in inventory, typical housing costs are expensive and fast-paced. The median home asking price is at a new all-time high of almost $447,000. [...]

2022-06-28T15:43:08+00:00June 28th, 2022|Housing Market|

Inventory of Homes for Sale Increases in May [Infographic]

Highlights The count of homes for sale grew in May compared to last year for the first time since June 2019. New home listings increased 6.3% over 2021 levels. The typical home spent 31 days on the market in May, the shortest time on record since 2016. Homes for sale [...]

2022-07-31T20:08:57+00:00June 28th, 2022|Housing Market|

April Home Prices and Mortgage Rates Continue to Climb [Infographic]

Highlights Home inventory is beginning to catch up with last year; however, homebuyers are still contending with fewer homes for sale. The number of homes for sale in April is comparable to this time last year, but the number is still fewer than what was typical before the pandemic. April [...]

2022-06-01T18:37:37+00:00May 17th, 2022|Housing Market|

March Median Home Prices Reach Record High [Video]

The March national median listing home price climbed to over $400,000, an all-time high and an increase of 13.5% over March 2021 prices. However, the demand for homes is moderating because of rising interest rates. The national inventory of active homes for sale declined by 18.9% over March 2021. The [...]

2022-04-21T11:08:16+00:00April 19th, 2022|Housing Market|

Median Home Prices and Mortgage Rates Climb [Infographic]

Highlights The March national median listing home price was over $400,000, an all-time high and an increase of 13.5% over March 2021 prices. Rising interest rates are moderating the demand for homes. As a result, mortgage applications are down 40% from March 2021. Home sellers are seeing a softening market. [...]

2022-04-21T11:09:00+00:00April 19th, 2022|Housing Market|

National Home Prices Reach All-Time High [Video]

The median national home price grew to an all-time high in February and rose faster than is typical for this time of year, making for an early start to the spring buying season this year.   © 2022 xpertRealtyMarketing. Sign up to have real estate articles delivered to your website.

2022-04-12T15:03:15+00:00March 23rd, 2022|Housing Market|

Unseasonably High Home Demand in February [Infographic]

Highlights Real estate markets are getting an early start to the spring buying season with an unseasonably high home demand with fewer homes for sale. Nationally, the inventory of active listings declined by 24.5% over last year, while the total inventory of unsold homes declined by 15.3%. February’s national median [...]

2022-03-22T15:01:43+00:00March 22nd, 2022|Housing Market|

February Housing Market Report

Realtor®.com reports that real estate markets are seeing an early start to the spring buying season this year. There is an unseasonably high demand with fewer homes for sale. The imbalance led to typical homes selling faster and pushing list prices to a record high in February. Meanwhile, higher mortgage rates squeezed [...]

2022-03-17T19:25:10+00:00March 16th, 2022|Housing Market|

January Existing Home Sales Decline [Video]

Nationally, newly listed homes were down an average of 9.1% in January compared to January 2021. However, homes sale overall are continuing at a rapid pace, spending on average 61 days on the market. Low inventory levels are expected to continue for several months into 2022.   © 2022 xpertRealtyMarketing. [...]

2022-02-22T17:26:24+00:00February 22nd, 2022|Housing Market|
Go to Top