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Home sales

There are signs that the red-hot housing market may be cooling down

by Samantha Fields
May 18, 2022
Yes, mortgage rates are high. But demand is starting fall because of that, and prices aren't rising as fast as they have been, experts say.
Though home prices are still rising, they're not rising as fast as they have been, according to Redfin.
Justin Sullivan/Getty Imags
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Economic Pulse

Closing costs: Is there a solution to the shortage of homes?

by David Brancaccio , Jarrett Dang and Meredith Garretson
Apr 26, 2022
The rapid rise in home prices has provided a windfall for homeowners, but rising interest rates make home-buying increasingly out of reach for renters.
"We absolutely need to be looking under every stone for places that we can add housing ... to allow for greater density," said Chris Herbert, managing director of the Joint Center for Housing Studies of Harvard University.
Scott Olson/Getty Images
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The staying power of Case-Shiller, a marquee housing metric

by Amy Scott and Maria Hollenhorst
Apr 6, 2022
It’s not the most timely home price indicator, but it does have advantages, including mapping prices over long periods.
Homes line a Southern California street in 2003. An approach for tracking house prices developed by economists Karl Case and Robert Shiller in the 1980s remains an important market indicator today.
David McNew/Getty Images
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Fast-moving home sales hit 15-year high last year

by Meghan McCarty Carino
Jan 21, 2022
Most houses sold in about a week, keeping buyers on their toes.
Some homebuyers are forgoing inspections or appraisals simply to have a shot at an accepted home offer.
Justin Sullivan/Getty Images
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Adventures in Housing

Missoula's hot housing market makes this real estate agent's job harder

by Maria Hollenhorst
Aug 4, 2021
"You're working twice as hard for the same amount of money," says Mindy Palmer of helping buyers in a tight market.
Limited inventory and high home prices have created challenges for Mindy Palmer, a realtor in Missoula, Montana.
Justin Sullivan via Getty Images
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Open houses become a sign of the times

by Matt Levin
May 21, 2021
After a year of virtual visits, real estate brokers are rolling out the welcome mat for frenzied buyers
An Open House sign directs prospective buyers to property for sale in Monterey Park, California.
FREDERIC J. BROWN/AFP/Getty Images
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U.S. new home sales rise surprisingly strong 16.6% in May

by Associated Press
Jun 23, 2020
The numbers suggest that the reopening of major parts of the country gave a boost to the housing market.
A for-sale sign outside a house. Sales of existing homes jumped in June.
Eric Baradat/AFP via Getty Images
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COVID-19

Home sales fell in March, but don't expect bargain prices

by Amy Scott
Apr 21, 2020
Analysts say last month's slowdown is just the beginning.
Home sales are down during COVID-19, but prices aren't.
Justin Sullivan/Getty Images
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COVID-19

Buying a house is tricky when you can't leave the one you already have

by Amy Scott
Apr 1, 2020
More realtors are taking up drone photography and virtual tours.
Would you buy a house you've never stepped foot in?
Justin Sullivan/Getty Images
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Existing home sales expected to rise

by Erika Beras
Aug 20, 2019
Analysts are predicting a lift in July numbers after June's small decline.
A sold sign is seen in front of a recently purchased home in San Francisco.
Justin Sullivan/Getty Images
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