The top markets of 2025 have available inventory, relative affordability, and plenty of young families. Colorado Springs, Colorado, took first place on Realtor.com’s Top Housing Markets for 2025 list, followed by Miami, FL. Virginia Beach, VA, came in third, followed by Richmond, VA; and McAllen, TX. While nationwide home sales are expected to see a…
Buyers and sellers continued to make waves in October, riding the high from September’s cooling rates and increased inventory. New listings lead to significant pending home sales bumps, with the biggest gains seen in Boston (+25.7%), San Diego (+22.1%), and Seattle (+50.5%), according to Realtor.com’s October Monthly Housing Report. The report notes that the rise…
Realtor.com unveiled new map layers to help homebuyers visualize neighborhood dynamics while shopping. The map-based search features let users ask typical questions like, “Where can I find the newest homes in the neighborhood?” and explore multiple ZIP codes at a glance. Real-time visualizations of property data and neighborhood insights illustrate the search with color shading….
After a lackluster spring and summer, some analysts say October may be the best time to buy a home in 2024. Realtor.com’s Best Time to Buy Report, its sixth annual analysis of the national marketplace, puts the week of September 29 to October 5 as the premier time to invest in a home this year….
Institutional investors are cooling on the housing market, putting cash purchases on the back burner where they used to dominate. The share of investors buying homes with cash fell to 64% in Q1 2024, Realtor.com found, its lowest point since 2008 and down from 69.7% in Q4 202. The reason? Mom-and-pop investors are increasing their…
Realtor.com is expanding its ad campaign championing homebuyer representation to focus in on underrepresented and marginalized groups. The campaign, launched in April, seeks to empower buyers’ agents in the wake of the National Association of Realtors (NAR) settlement, which undoes NAR’s typical commission structure and puts buyers in the driver’s seat when it comes to…
Dave Mele, long-time president of Homes.com and a driver of its acquisition by CoStar Group, is leaving the company and the real estate industry altogether. Mele broke the news to Real Estate News, saying he plans to pursue “an opportunity outside of the real estate industry.” No comment has been made on who will take…
The South has lost its sparkle for American movers in the post-pandemic world, but that could change as the region doubles down on producing affordable inventory. More than half of all available inventory in April 2024 was concentrated in Southern states, according to an analysis by Realtor.com. They also boasted the most new listings at…
Markets in the Northeast and Midwest once again dominated the list of hottest markets for the year. In a ranking produced by the Wall Street Journal and Realtor.com, Rockford, Illinois took first place for 2024. The ranking considered affordability, cost of living, and the city’s overall attractiveness. Rockford has homes under $250,000 within commuting distance…
Mortgage rates were basically stagnant last week, staying put in the upper-6% range yet again. Officials at Freddie Mac reported Thursday that the 30-year fixed-rate mortgage averaged 6.82%, up just slightly from the week prior’s 6.79%. A year ago at this time, the 30-year FRM averaged 6.28%. The 15-year fixed rate also fell from 6.11%…
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