New Home Supply

The luxury market saw sales during the last quarter of 2023 increase nearly 4.2% for single-family homes and 14.2% for attached properties compared to the previous year, while new listings also increased by 14.2% for single-family homes and 7.2% for attached properties during the same period. On average, luxury consumers surveyed plan on selling their […]

7 Costly Mistakes Home Sellers Make (And How to Avoid Them) No matter what’s going on in the housing market, the process of selling a home can be challenging. Some sellers have a hard time saying goodbye to a treasured family residence. Others want to skip ahead to the fun of decorating and settling into […]

Higher Rates and Short Supply: The State of Real Estate in 2022 The last two years caught many of us off guard—and not just because of the pandemic. They also ushered in the hottest housing market on record, with home prices rising nationally by nearly 19% in 2021, driven primarily by low mortgage rates and […]

This chart shows the latest FHFA HPI House Price Index  statistics.   Here are the Twelve Month Price Changes – Prior Year vs. Most Recent Year Purchase Only FHFA HPI (Seasonally Adjusted, Nominal)     Here are the predictions from last summmer -August 2021 before the rate increase. It’s the old supply-and-demand predicament: Home sales […]