Wednesday, May 8, 2024 | The Latest Buzz for the Appraisal Industry

Home Tours, Offers and Pending Sales Show ‘A Clear Slowdown From a Few Weeks Ago’

Although competition continues to drive up home prices, but home tours, offers and pending sales have slowed, according to a new report from Redfin.

New listings – a key lever for home sales growth – have held up better than pending sales and are inching up increasingly close to 2019 levels.

“Offers no longer pour in the day a home hits the market,” says Phoenix Redfin real estate agent John Biddle. “It has become

This post was originally published on this site

Karen Connolly

Going to Extremes

Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies

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