There are 10 factors that influence this prediction, NAR said.

More buyers are touring homes and applying for mortgages as the 2024 housing market enters its home stretch, according to a new Redfin report.

COMPASS has acquired @properties and Christie’s International Real Estate.

Ruling brings an end to the Sitzer-Burnett legal saga.

Despite the new record in September, the rate of increase continues to slow. 

Builder confidence in the market for newly built single-family homes increases again.

The new findings come from real estate tech strategist Mike DelPrete.

Multifamily construction, meanwhile, rose on a monthly basis. 

NAR’s 2024 Profile of Home Buyers and Sellers included several record-setting stats about homesellers and FSBOs.

Buyers had been sitting on the sidelines awaiting the election’s outcome, as well as drops in mortgage rates, but they are back and looking to buy.

The market share of first-time homebuyers has dropped to 24%: a historic low, according to NAR. The median homebuyer age also hit a record-high of 56.

“Maybe the worst is coming to an end,” Yun said.

Looking ahead, the CoreLogic Home Price Insights report predicts home prices will dip by 0.1% in October on a month-over-month basis.      

At the same time, existing-home sales and housing starts declined.

More than 10,000 Realtors are expected to attend the NAR NXT, The REALTOR® Experience event being held Nov. 8-10

Four bedrooms, 2.5 bathrooms, original wood flooring … and a pattern of paranormal activity. These are the features agent Heather Bland had to manage when overseeing the sale of Whispers Estate — one of the Midwest’s most haunted homes.