A record share of home sellers are slashing prices as the housing market increasingly favors buyers, according to new analysis from Redfin. According to the report, 34.2% of February home sellers lowered their list price—the highest February share in records dating back to 2012, up from 31.5% a year earlier. The data reveals a market…
As the AI revolution continues to infiltrate various aspects of real estate, more and more industry professionals are incorporating AI tools into their workflows in order to increase efficiency, and more and more companies are developing such tools. However, there is a bit of a divide in public opinion when it comes to AI usage,…
Upward movement in foreclosure numbers appears to show some further signs of normalization in the housing market, according to the latest data from ATTOM. ATTOM’s Q1 2026 Foreclosure Market Report found that there were 118,727 properties with a foreclosure filing, up 6% quarter-over-quarter, and up 26% year-over-year. Breaking it down, one in every 1,211 housing…
Zillow has launched the Zillow Buzz Index (ZBI), a new metric that measures which design details and architectural features boost buyer engagement with a listing. The data helps to identify which homes are most likely to attract strong interest and move quickly, which in turn helps agents guide clients in how to generate more interest…
Real estate data platform PropStream has announced a new enhancement to its Draw Map Tool—designed to deliver a more intuitive and efficient property search experience. This update gives customers a faster, smarter way to find opportunities exactly where they want to perform deeper research within our interactive property map, as stated by the company. By…
The impact of ongoing geopolitical tensions with Iran and its effect on oil and energy prices continues to weigh on the housing market, as homebuilder sentiment took a dip further into negative territory this month, according to the latest data from the National Association of Home Builders (NAHB). The NAHB/Wells Fargo Housing Market Index saw…
The National Association of Realtors®’ (NAR) 2026 Generational Trends Report found that Gen Z—though still a fraction of the overall market—is “reshaping homeownership,” even as baby boomers remain overrepresented amid affordability challenges. Those challenges have also shrunk first-time buyer share to historically low levels. The report found that out of all buyers, only 21% were…
The rate lock-in effect has been a concern on the minds of many in real estate over recent years as mortgage rates have mostly stayed in the 6%-7% range. Homeowners with rates in the 2%-3% range, while they could potentially afford the price of a new home in selling their current one, have reportedly felt…
The post The Upsizing Question: How Does Rate Lock Impact Move-Up Transactions? appeared first on RISMedia.
With geopolitical tensions still looming over the housing market (and the economy), the latest existing-home sales data from the National Association of Realtors® (NAR) did not paint a picture of a strong spring market ahead. However, despite sales lagging, inventory and affordability show definite year-over-year improvements, a possible bright light at the end of the…
Market conditions have been a bit of a wild ride over recent years, with affordability and inventory challenges, coupled with other economic headwinds, keeping buyers and sellers on edge. Rate lock-in has many sellers awaiting better conditions to make their move, while high home prices have buyers doing the same. What the industry as a…
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