Greenwich, Conn. is one of the wealthiest towns in the nation, but home sellers are "routinely selling for less than they paid," The Wall Street Journal reports.
The "sister trends" of chilling home value growth and overall inventory gains are tied more to demand changes than supply, according to the latest market report from Zillow.
In a new market forecast, Grant Thornton chief economist Diane Swonk writes, "housing will tread water in 2019 as supply constraints and affordability problems offset any gains from slightly lower mortgage rates."
Existing-home sales were lower than experts anticipated in March, with distinct pressures on both the high- and low-ends of the market, according to the latest data from the National Association of Realtors.
Urban markets have been impacted most by the recent housing market slowdown, according to a new study of exurban, suburban, and urban market trends in the 100 biggest U.S. metros.
A recent study finds that same-sex couples were 73.12 percent more likely to be denied a mortgage than straight couples with similar profiles, based on mortgage data from 1990 to 2015.
Homeowners spend an average $21,000 preparing to list their home for sale, according to Zillow. About 25 percent of home sellers willing and able to afford to fix up their home before listing were able to sell above the list price.
The Silent Generation, aged 73 to 93 years, was the smallest homebuying age cohort in 2018, with a seven percent market share. These buyers are most likely to buy a home to be closer to friends and family.
The nation's housing markets, even in the priciest ZIP codes, are shifting in advantage toward home buyers after years of favoring sellers. Year-over-year, 10 times as many of the 100 biggest U.S. metros now favor buyers.
