news aggregator
Home values have surged at 2X the normal rate since pandemic
Since 2020, U.S. home values have risen by 45.3 percent. In other words, more than 10 years of typical home value growth has been packed into a five-year period, a new report from Zillow shows.
Pending Sales Shrink as Economists Fear Extended Winter Freeze
Prospective homebuyers and sellers remain cold, wary and economically pressured this winter, as the latest data from the National Association of REALTORS® (NAR) showed a not-insignificant 4.6% drop in pending transactions in January, with economists continuing to point at affordability as the biggest long-term barrier to more activity. Pending sales were also down 5.2% from…
The post Pending Sales Shrink as Economists Fear Extended Winter Freeze appeared first on RISMedia.
