Remove Home Value Remove Marketing Remove New Listings
article thumbnail

New listings surge as the spring buying season approaches

Housing Wire

Prospective homebuyers have more options to choose from in the housing market, which could help spur sales this spring. New listings ticked up by 21% in February compared to last year, according to Zillow ’s February report. New listings ticked up by 21% in February compared to last year, according to Zillow ’s February report.

article thumbnail

Housing Market Nears $50T Valuation Milestone

Appraisal Buzz

housing market is rapidly approaching the $50 trillion mark, with the total value of homes across the country hitting a record $49.6 trillion, according to a new report by Redfin. In a decade, the value of U.S. homes has more than doubled, rising nearly 120% from $22.7 In a decade, the value of U.S.

Valuation 417
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Zillow, Fannie Mae diverge on 2025 housing market predictions

Housing Wire

Home values are forecast to tick up 2.2% Zillow also reported that, after a tumultuous five years, many measures of the housing market are trending closer to historic norms. Fannie Mae , on the other hand, suggests that its unlikely that the 2025 housing market will deviate from its current norms. million in 2025.

article thumbnail

Homebuyers No Longer Spooked by Market Conditions

Appraisal Buzz

“Sellers, especially those who are locked into a low rate, have been waiting for market conditions to change,” said Danielle Hale, Chief Economist, Realtor.com. September 2024: National Housing Metrics Median listing price : (Change over September 2023: -1.0% Metros with Highest Increase in New Listings in September 2024 1.

Marketing 418
article thumbnail

Opinion: The end of seller speculation in US housing market

Housing Wire

A few months ago, the United States housing market failed Econ 101. metropolitan areas in February 2022, based on year-over-year growth in median listing price according to the residential real estate listing website, Realtor.com. The table also reports the year-over-year percent change in new listings for each market.

article thumbnail

Sellers Listing Their Homes … But Buyers Aren’t Biting 

Appraisal Buzz

Home sellers are returning to the market, but buyers are hesitant, according to a recent Zillow market report. In May, new property listings exceeded sales, allowing buyer competition and price rise to slow—and more price relief is expected. Home values are down from year-ago levels in three major metro areas.

Sellers 397
article thumbnail

Even with falling rates, the housing market is shaping up to be bad in Q4

Housing Wire

The impact is greater in expensive areas of the country and in markets that witnessed significant home price gains in recent years.”. Both a pullback in demand and limited supply remain vexing problems for the housing market. In October, 24% of homes received over the asking price. million units, which was down 0.8%