More home sellers are discounting their home's list price this winter than at any time in the past few years, and buyers are gaining more power in the market, according to new data.
A new study reveals the most expensive neighborhoods in every state and the District of Columbia, using median listing price data for all U.S. ZIP codes in 2018.
Existing-home sales dropped to the lowest level in more than three years, in January 2019, down 1.2 percent over the previous month. Annually, sales were down 8.5 percent, per data from the National Association of Realtors.
The recent increase in builder confidence in February was the second monthly gain, starting 2019 on an upward trend. Some housing economists say the sentiment reading can be an early indicator for the pace of construction.
Real estate platforms Zillow and Redfin both offer home value estimation tools, but their accuracy has come under scrutiny, leading users to wonder about the actual value that these services provide.
With interest rates flat, builder sentiment was up four points to 62 in the second month of 2019, according to the latest index data from the National Association of Home Builders.
