NAR: Market Is Shifting Slowly In Buyers’ Favor
Chief Economist Lawrence Yun notes that supply and demand dynamics are nearing a balanced market condition
Chief Economist Lawrence Yun notes that supply and demand dynamics are nearing a balanced market condition
Good news for buyers: most experts agree mortgage rates should fall a bit by year's end
May’s statewide median home price was $908,040, up 0.4 percent from April and up 8.7 percent from $835,280 in May 2023
The top metros seeing massive changes were New York, Boston, Nashville and San Diego
San Diego continued to report the highest year-over-year increase
Baby boomers least likely to be able to afford to buy their own home today
California easily boasts the most million-dollar cities, followed by New York and New Jersey
According to the S&P CoreLogic Case-Schiller Home Price Index, prices hit their fastest annual rate since 2022
The median existing-home sales price jumped 5.7 percent from February 2023 to $384,500
San Diego reported the highest year-over-year gain, followed by Los Angeles and Detroit
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