Price

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Existing-Home Sales Slipped 5.4% in June; Median Sales Price Jumps to Record High of $426,900

Existing-Home Sales Slipped 5.4% in June Homes are sitting on the market longer, and sellers are receiving fewer offers as a slow shift occurs from a seller’s market to a buyer’s market. Media Contact:  Troy Green 202-383-1042

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How to Price a Condo Correctly

Pricing a condo correctly is essential for a successful sale. I will guide you through detailed, actionable steps to ensure your condo is priced right. You will learn the following information which will help you price your condominium appropriately based on the current real estate market: How to conduct a comprehensive market analysis. The importance… […]

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New York Regional Single-Family Home Price Increases 8.9% in April

Bringing positive housing news to both sellers and buyers in one of New York’s priciest areas, housing prices and inventory are both up over last year, according to the latest market report from OneKey MLS, which covers transactions from Montauk to Manhattan, north through the Hudson Valley and the Catskill Mountains.   OneKey’s latest data… […]

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Consumer Price Index Sees Small Rise in November

Inflation saw a small rise again in November, following no changes in October. After the recent pause in rate hikes from the Fed, this reading is in line with economist predictions that the Fed could continue the pause, and possibly halt rate hikes altogether. The Consumer Price Index saw 0.1% increase in its November reading.… […]

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Single-Family Home Prices Had Price Gains in 82.4% of 221 Metro Areas in 2023 Q3

National median home prices rose by 1.1% compared to the previous quarter and 2.2% year over year to $ 406,900. www.nar.realtor – Research

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At What Price? Overcoming Barriers to Homeownership

NAR commemorates the 55th Anniversary of the Fair Housing Act featuring NAR’s 2023 Fair Housing Champions along with expert speakers addressing ongoing barriers to homeownership. www.nar.realtor – Fair Housing

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THE PLAYBOOK: How to Determine When the Listing Price Is Right

Editor’s Note: The Playbook is a new RISMedia weekly segment centering on what brokers and agents are doing to ensure they not only survive but thrive in these challenging times. Industry professionals explain the strategies they’re employing and unique ideas they’ve formulated. Tune in every Thursday for another addition to the series.  Determining the correct… […]

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Four in Five Metro Areas Notched Double-Digit Price Gains in Second Quarter of 2022

In Q2 2022, 80% of Metros Saw Double-Digit Price Rise Housing affordability declined as the monthly mortgage payment on a typical existing single-family home with a 20% down payment skyrocketed. Media Contact:  Troy Green 202-383-1042

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Home Price Gains Contract Slightly in April

As the housing market shifted under the weight of elevated mortgage rates and inflation in April, the most recent S&P CoreLogic/Case-Shiller Indices show that price growth for single-family homes in the U.S. experienced a mild acceleration. The organization revealed that home prices climbed 20.4% in April, slightly down from March’s 20.6%. All 20 cities saw […]

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Two-Thirds of Metros Reached Double-Digit Price Appreciation in Fourth Quarter of 2021

In Q4 2021, 67% of Metros Saw Double-digit Price Rise With sustained price appreciation and higher mortgage rates, affordability of single-family homes worsened in Q4 2021. Media Contact:  Quintin Simmons 202-383-1178

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