There is a serious effort underway by Compass, the country’s largest real estate brokerage, that threatens transparency and access for everyone involved in the home-search process. They call it a Private Listing Network, insisting that limiting exposure of a home to a small internal audience will help fuel demand. In reality, this is a gimmick…
The post Homebuyers, You Must Fight Back! appeared first on RISMedia.
Redfin has announced the launch of a new app within the AI platform ChatGPT, which offers consumers a way to access its listings and explore neighborhood information, data and market insights using conversational language. Redfin explains that through its app in ChatGPT, users can ask specific housing questions and refine their search over time without…
Despite affordability remaining a market challenge, there are still refuge markets first-time homebuyers can access across the nation. A new Realtor.com® report took a crack at identifying these refuge markets, and made a list of the top markets for first-time homebuyers (age 25-34) in 2026. The rankings are based on the forecasted share of first-time…
A down payment on a home is a crucial part of the financial hurdle that homebuyers need to pass before they can think of closing, but in the current market, how long of a wait is that? According to the latest report from Realtor.com®, the current average for saving for a down payment on a…
The post Average Time Saving for a Down Payment Now Seven Years: Realtor.com appeared first on RISMedia.
As the year ends, how are consumers—such as potential homebuyers—feeling about the market going into 2026? Per the latest findings from the University of Michigan’s monthly Consumer Sentiment report, sentiment was slightly improved in December compared to November, confirming the sentiment trajectory from the University of Michigan’s preliminary report earlier this month. Compared to November…
Federal Reserve Governor Christopher Waller argued at a Yale University CEO Summit today that the central bank should press forward with rate cuts even as job growth stalls near zero. He also offered a sobering observation about the housing market: lower rates may not matter much if potential homebuyers are too worried about losing their…
Homeowners may be feeling the impact of climate disasters on their insurance premiums, but are buyers modifying their behavior and performing deep research into climate risks during their home searches? Not for very long, it appears, per data shared by Redfin. Redfin listings separate climate risks into five categories: floods, fire, wind, extreme heat and…
As mortgage rates saw little shifts during this past week, President Donald Trump and members of his administration have floated an idea to galvanize new homebuyers: the 50-year mortgage. In a post on Truth Social, Trump shared a photo comparing the proposal to how President Franklin D. Roosevelt introduced the federally backed 30-year mortgage during…
Baby Boomer empty nesters own twice as many three-bedroom or larger homes as millennials with children. Some are looking to downsize but struggling to find suitable housing at comparable price points, leading many to stay in their current homes longer. These shifts in the market present challenges and opportunities for agents. Here are four key…
An annual study out by the the National Association of Realtors® today reveals some alarming homebuyer statistics, namely the number of first-time buyers has dropped to a record low while the age of those same buyers has reached an all-time high, posing some dire implications for younger buyers trying to enter the housing market. According…
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