Observations

I remember it like it was yesterday! 365 days ago, at this same time (January 27, 2024 – 10:38 AM to be exact) I was sitting here, in this exact same chair, writing this exact [READ MORE]

Existing-home sales climbed in December, according to the National Association of REALTORS®. Sales advanced in three major U.S. regions and slipped in the Midwest. Year-over-year, sales accelerated in all four regions. On an annual basis, [READ MORE]

A limited amount of existing inventory along with solid demand helped new home sales end the year on an up note, even as buyers continue to grapple with housing affordability challenges. Sales of newly built, [READ MORE]

Ongoing lean levels of single-family existing home inventory helped to boost single-family production last month, while overall housing production fell because of a double-digit percentage drop in multifamily output. Overall housing starts decreased 1.8% in [READ MORE]

Broader economic factors are expected to have a larger impact on the housing market than potential new federal policies in 2025, according to the Realtor.com® 2025 Housing Forecast released recently. Realtor.com®‘s forecast predicts home sale [READ MORE]