As we get closer to a new year, the real estate market shows new signs of incremental pick-up. According to the latest Pending Home Sales report from the National Association of Realtors® (NAR), pending home sales inched up 1.9% month-over-month in October. As Lisa Sturtevant, chief economist of Bright MLS, noted in a statement: “The…
Despite a prolonged government shutdown that lasted throughout the month, October still saw a slight increase in existing-home sales, according to the latest data from the National Association of Realtors® (NAR). NAR’s October Existing-Home Sales report found that sales grew 1.2% to a rate of 4.10 million, slightly down from the 1.5% growth seen in…
The summer of 2025 saw “record-high” home prices while recent reports show first-time home-buying fell. Are prices keeping buyers out of the market? According to the latest findings from the National Association of Realtors® (NAR), home prices rose in 77% of U.S. metro markets during Q3 2025, up slightly from 75% in Q2. The remaining…
The government remains shut down, and at least in some areas, housing markets are starting to show “early signs” of slowing activity, according to Realtor.com®’s October 2025 Monthly Housing Trends Report, which found that markets with the highest numbers of federal employees see “modest” impacts. “At this stage, the housing market effects of the federal…
Pending home sales in September showed no change from the prior month and fell 0.9% year-over-year, according to the National Association of Realtors® (NAR) Pending Home Sales Report. The report provides the real estate ecosystem, including agents and homebuyers and sellers, with data on the level of home sales under contract. Month-over-month and year-over-year pending…
While home prices are inching up, the rate of increase is slowing, per the latest findings from the S&P Cotality Case-Shiller Home Price Index for the month of August (the index measures on a two-month lag). The national index inched up by 1.5% year-over-year. Growth slowed similarly in the index’s 10-city composite index, which increased…
When people hear about luxury housing, glitzy cities like New York, Miami and Los Angeles usually come to mind. But that narrative is being flipped upside down with Detroit hustling its way to the top of the Fall 2025 Wall Street Journal/Realtor.com® Luxury Housing Market Ranking, released last Thursday. Motor City knocked St. Louis from…
As the fourth quarter of 2025 gets underway, experts highlight the cooling nature of the housing market, with home sales generating steady returns and mortgage rates sliding lower almost each week. For Q3, Realtor.com® reports that down payments remained relatively flat amidst elevated costs and moderate demand this past year. Their latest down payment report…
Even as housing markets cool in many regions, home sellers are still walking away with healthy profits. During Q3 2025, the median home sale generated a 49.9% return, or about $123,100 in raw profit, according to ATTOM’s Home Sales Report. The profit margin is up 0.6% quarter-over-quarter, but still below the 55.4% average profit margin…
According to the National Association of Homebuilders (NAHB)/Wells Fargo Housing Market Index (HMI), which gauges builder perceptions of current and future single-family home sales, homebuilder sentiment levels increased in October, as future sales expectations surpassed the 50 point breakeven mark for the first time in almost 10 months. “The HMI gain in October is a…
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