What happened to the luxury market in 2017?

Although inventory at the luxury level has remained robust in the midst of a shortage at the mid- and lower- priced tiers, realtor.com says that didn’t translate into extra sales during 2017. In fact, the average luxury property stayed on the market for 116 days — a 5.3 percent year-over-year increase from …

What happened to the luxury market in 2017?

Although inventory at the luxury level has remained robust in the midst of a shortage at the mid- and lower- priced tiers, realtor.com says that didn’t translate into extra sales during 2017. In fact, the average luxury property stayed on the market for 116 days — a 5.3 percent year-over-year increase from …

Trulia: Limited Listings, Limited Window

Housing markets most squeezed by inventory shortages in recent years are seeing listings come off the market in record time. The recently released Trulia® Inventory and Price Watch identifies an ongoing trend in the housing market: the more inventory declines, the less time homes spend on the market. Supply kept falling in the second quarter […]

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Prepare for a Real Estate Rush This Spring

Homebuyers this spring will meet out-of-this-world prices and unsparing competition—a real estate rush. According to Clear Capital’s recently released Home Data Index (HDI) Market Report, the national median days on market is 43 days, down from an 85-day stretch seen in January 2012. Days on market in Denver, Colo., Lincoln, Neb., and Raleigh, N.C., are […]

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The Top 10 Suburbs Leading the Spring Home-Buying Season

House hunters faced with limited affordable housing prospects in urban areas are spreading their search to the suburbs—in fact, a solid 50 percent of homebuyers are taking to suburban areas this spring, according to a recent analysis by realtor.com®, with 10 outposts rising to the top of the ranks. “Suburbs are traditionally viewed as meccas […]

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Should days on market be factored into a home’s value?

There are many factors that a contribute to a home’s attractiveness: location, architectural style, amenities, etc. There is one; however, that has no bearing on a home’s future viability or intrinsic value: days on market …

Baltimore and DC real estate see decade highs in pending contracts in August

August was a banner month for Washington D.C. real estate, according to a new market report. Hitting multiple records, August saw rising prices and climbing sales in both the D.C. and Baltimore metro areas, a new report from MRIS says …

Bay Area real estate market showing mixed signs in August

Bay Area home prices are starting to make their descent following a moderate summer of home price appreciation, according to a Pacific Union market report for August …

Slow July for DC real estate, says MRIS

As the amount of available homes decrease throughout the Washington D.C. metro area, the rest of market is seeing an impact. According to the MRIS July Housing Market Updates for the DC Metro and Baltimore, inventory in both metros are falling and push…

DC and Baltimore metros set new sales and price records

The month of June managed to set new records for Washington D.C. and the Baltimore metro areas, according to MRIS data. Sellers watched as median home prices crept up, while buyers had to act fast, as inventory levels have slowly declined since last ye…