Sunday, May 5, 2024 | The Latest Buzz for the Appraisal Industry

Number of Pending Sales and Newly Listed Homes Rose, Redfin Observes

The number of newly listed homes for sale during the four weeks ending February 20 was down just 2% year over year, according to a new report from Redfin. That’s the smallest decline since mid-November. More new listings were met with hearty demand. Pending sales rose 1%, the first increase since mid-January. The market again set new record highs for home sale prices, asking prices, buyers’ mortgage payments and the share of homes selling

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