Housing Inventory Hits New Post-Pandemic High Realtor.com® just released its July Housing Report—with good news for buyers.  For one, active listings have reached a post-pandemic high, climbing 36.6% in July compared to the same time last year.  Meanwhile, the share of for-sale listings with price cuts has increased to 18.9%, the highest share recorded since […]

60% of Gen Z Worry They’ll Never Afford a Home Six out of 10 Gen Zers worry they might never become homeowners. That’s according to a survey by Clever Real Estate, which highlights the biggest barriers to homeownership for Gen Z as well as their top concerns and priorities. Because while 92% of Gen Z […]

A Phil Hall Op-Ed: How Would Trump Impact Housing Policy? For a man who seems to have an opinion about everything, former President Donald Trump has been uncharacteristically quiet about the state of the U.S. housing market. His campaign has not offered any proposals on addressing the evaporation of affordability in housing, nor have any […]

Home Sale Prices Reach Record Highs For 9th Consecutive Week, But Signs A Shift May Be Coming Read My July 12th News Letter The median U.S. home sale price hit a record high for the ninth consecutive week, according to Redfin’s latest report. The four-week period ending July 7 saw the median sale price climb […]

The Sentimental Value of Homes: A Hidden Factor in The Housing Market The biggest stumbling block to selling a home for Gen Xers and Boomers could be rooted in their emotions.  Over the next 10 years, an estimated $68 trillion in wealth will change hands during what’s being called “The Great Wealth Transfer” from Boomers […]

Inventory Rises as More Homeowners List and Buyers Take a Step Back News releases from Zillow and Redfin put a spotlight on rising inventory levels as more homeowners list their homes while buyers take a step back. Zillow’s release draws on its latest market report, which shows new listings outpacing home sales in May, easing […]

Why 89% Of Home Sellers Have Regrets The cost of buying a home has been getting loads of attention lately. But this time around, we’re focusing on the cost of selling one. According to a recent survey, the typical homeowner spends an average of $54,616 in home-selling costs. Clever Real Estate surveyed 1,000 Americans who […]

Jerome Powell On Housing: June 11-12 FOMC Meeting Read My June 14th Newsletter At the FOMC press conference on June 12, 2024, Jerome Powell gave an opening statement and answered questions from reporters. The Federal Reserve decided to maintain the current federal funds rate rate and signaled only one rate cut by the end of […]

Housing Affordability Is Priority #1 For Gen Z Voters A Redfin report on voter priorities across generations reveals that 91% of adult Gen Zers rank housing affordability as important to their vote in this year’s presidential election, outranking abortion rights, the U.S. economy, preserving democracy, and foreign wars. That’s according to a Redfin-commissioned survey conducted […]

Latest Market Data and Predictions The Bay Area housing market, a trendsetter in California and often a bellwether for the national market, has entered an interesting phase. While headlines might paint a picture of a red-hot market fueled by ever-increasing prices, a closer look reveals a more nuanced story. Let’s delve into the current trends […]