In the suburbs north of Austin, Texas, builders are cutting prices so aggressively that some signed contracts are falling apart. Affordability and high interest rates still play a role. But Ahmad Homidi, a real estate agent with eXp Realty, says the pattern he is seeing right now is different. Buyers back out after a competing ...
Distress hasn’t disappeared from Chicago’s housing market. Cook County recorded more foreclosure filings than any other county in the country in the first quarter of 2026, and nationwide foreclosure filings were still running double digits higher year-over-year through the middle of the year, according to ATTOM Data Solutions. But rising foreclosure filings don’t automatically translate ...
Across Houston’s suburban corridors, a painful math problem is playing out. Homeowners who bought during the pandemic-era rush, many of them paying $80,000 to $100,000 above what their properties are worth today, are finding that they cannot sell without taking a significant loss, according to Kelvin Louie, who leads KL Integrity Group, a Houston-based real ...
In a market where inventory has loosened and sellers are offering concessions, the expected result would be more transactions. In parts of North Texas, the opposite is happening. Qualified buyers are browsing for months, viewing dozens of homes, and declining to commit, not because they can’t find something, but because they can’t stop wondering whether ...
Stock portfolios get diversified. Bond holdings get diversified. Even alternative investments get spread across categories and geographies. But the single largest asset on most American household balance sheets – the home – sits as a fully concentrated position in one property, in one neighborhood, in one local market. Economists have been documenting the cost of ...
Properly priced homes in Miami-Dade and Broward counties are going under contract within weeks. Overpriced listings are sitting for months before sellers either cut or withdraw entirely. The gap between the two outcomes reveals less about market weakness than about seller psychology still anchored to peak-era comparables, according to Lawrence Resnick, a Realtor with The ...
The pandemic-era housing market in the Dallas-Fort Worth metroplex created price expectations that, for many sellers, have never recalibrated. In Garland and Rockwall County – two adjacent but structurally different submarkets east of Dallas – inventory has loosened, but transactions remain constrained by a basic disagreement between the two sides of the deal. Sellers remember ...
For years, Indianapolis appeared on national “best places to invest” lists largely because of one simple ratio: buy a house for $100,000, rent it for $1,000. That arithmetic attracted capital from California, New York, and as far away as Canada and Germany. The ratio still draws attention, but the numbers underneath it have shifted. Purchase ...
The gap between turnkey and deferred-maintenance properties in Southern California’s coastal markets has always existed, but in Long Beach it is becoming the defining factor in how quickly a home sells, or whether it sells at all. With mortgage rates elevated and affordability compressed, buyers are concentrating their bids on homes that need no work, ...
A year and a half to two years ago, listings in Dearborn Heights, Michigan routinely drew 20 to 30 offers. That kind of frenzy masks how a market actually works, who is buying, what is moving, and where the pressure points are. Now that inventory has increased and competition has cooled, the underlying dynamics of ...
A metropolitan area of 2.23 million people should have a deeper housing market than what Columbus, Ohio is showing right now. According to Central Ohio MLS data cited by Barbara Gale of the Gale Group at Keller Williams Consultants Realty, only 6,098 listings are active across the entire Columbus metro, a figure that falls well ...
Winning a bidding war in the Chicago metro area no longer means buying a home. A growing number of deals are falling apart during the home inspection, not because homes have major defects, but because sellers fielding multiple offers have no incentive to negotiate repairs or credits, according to Alex MacLagan, owner of MacLagan Home ...
Existing-home sales slid to roughly 3.98 million at a seasonally adjusted annual rate this fall – a 14-month low – as 30-year mortgage rates hovered near 7% and inventory climbed to about 4.9 months’ supply. For buyers, that combination cuts two ways: financing costs more, but the market has slowed enough to give them time ...
A three-bedroom ranch in Rocky Mount, North Carolina, recently sold for $214,000 with a monthly payment of around $1,200. A comparable home in Raleigh, similar size, similar condition, would have listed closer to $320,000 with a payment near $2,200. That $1,000-a-month gap between two cities separated by roughly an hour of highway is defining where ...
For years, townhouses in central New Jersey served as a natural entry point for buyers priced out of single-family homes. That math is changing. Rising association fees, new mortgage review requirements for townhouse purchases, and a broader shift in buyer sentiment are creating a split, one where the housing type that was supposed to be ...
