Homes
In November of 2022, home builders did lots to cater to home buyers, and this is a good trend in a market where affordability is already challenging. Here are the details.
New home prices in Oct 2022 are $493k median and $544k average. Total new homes sold in Oct rose as builders offered better deals.
Companies with deep resources are outsourcing management to apps and algorithms, putting home ownership further out of reach.
Why do 28% of people spend 1+ months researching cars, but only 13% do same for mortgages? New Zillow research has some answers.
Lowe's and Home Depot are faring well even as the housing market is going through a rough patch. Here's why.
Existing home sales drop 9th straight month in Oct. Prices down $34.7k from June peak to $379,100.
Despite the alarmist headline, this NY Times piece is a good rundown some key housing stats right now.
Nationwide, the small detached house has all but vanished from new construction. Only 8% of new single-family homes today are 1,400 square feet or less. In the 1940s, nearly 70% of new houses were that small.
Recap of how slowing home sales have led to slowing home price appreciation and bidding wars. This means home buyers will see lower prices this winter.
Vice asks if Compass, who once seemed poised to revolutionize the industry, now looks more like WeWork of housing. They interview real estate innovation specialist Mike DelPrete for answers.
Here's Matt at MND on today's July new home sales dropping 12% since June and 30% since last July, and where we go next.
The rate of homebuyers facing bidding wars dipped below 50% in June. This is a nice shift toward a more buyer-friendly market. Click the Redfin link to get bidding war rates for your city.
Amazon buying Roomba isn’t about selling more vacuums, it’s about mapping your home to sell you more of everything. Genius or diabolical?
In some markets, sellers can no longer bet on multiple offers and quick deals, and buyers can afford to be pickier.
Existing home sales down 5.4% in June and down 14.2% vs. a year ago. On pace for 5.12m homes sold in 2022. Unsold inventory now 1.26m units, a 3 month supply. First time buyers were 30% of sales, cash buyers 25%, investors and second home buyers 16%.
