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Spring Housing Inventory Jumps, But Buyers Remain Hesitant Amid Economic Turmoil 

Appraisal Buzz

Nonetheless, increasing price reductions and declining pending house sales indicate that buyers are being cautious, most likely as a result of the uncertain economic climate and customers growing anxieties about their individual financial circumstances. Data also suggest that pricing competitively is key for sellers in todays environment.

Inventory 335
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Buyers and sellers agree: it’s a good time to enter the housing market

Housing Wire

Though prospective buyers revealed slight wariness in September, Fannie Mae reported buyer morale gained 6% in October, with 60% of respondents saying it is a good time to buy a home while those who believe it is a bad time fell to 35%. Compared to this time last year, the HPSI is still down 7.1 million Americans unemployed.

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Single women homebuyers are outpacing single men by a 2-to-1 ratio

Housing Wire

When the National Association of Realtors (NAR) first started its Profile of Home Buyers and Sellers in 1981, it found that single women were the second largest demographic in the U.S. “In 1981, 73% of home buyers were married couples, 11% were single women and 10% were single men.

Buyers 359
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Will rates allow for ‘peak’ homebuying season?

Housing Wire

But we didnt really see any change in the buyer demand metrics until rates got closer to 6%. In fact, you have to go back to 2016 before you can find a year with consistently more unsold condos than we have now around the U.S. That comes to 2% more unsold new listings and actually 5% fewer sellers overall than in 2024.

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The housing market is now savagely unhealthy

Housing Wire

My concern now is that some sellers are feeling stressed about this market, which should never happen because this is the best seller market ever. However, a seller is also a natural homebuyer, unless they’re an investor. You can see why some sellers are stressed now. People who sell need to live somewhere.

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Cash offer startup Accept.inc raises 90M in debt and equity

Housing Wire

Similar to iBuying firm Opendoor , startup Ribbon and a host of other new companies, Accept.inc provides cash to buyers so they can submit a competitive offer, or buy a new property prior to selling their existing home. If the all-cash offer wins, the home is purchased from the seller and reserved until the loan is ready to close.

Sellers 418
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With agent count sinking, RE/MAX will consider business model changes

Housing Wire

Motto Mortgage , RE/MAX’s national mortgage brokerage franchise brand launched in 2016, saw a 2.6% The appeal was filed on June 4, and a second appeal was filed by Spring Way Center, the original home seller plaintiff in the copycat commission lawsuit filed in Pennsylvania in December. uptick in franchises over the past year.

Agents 459