To understand off-market sales, ResiClub reached out to the data pros at BatchService, a fast-growing property intelligence and technology company.
Zillow’s latest forecast expects U.S. home prices to rise just +0.9% over the next 12 months, from July 2024 to July 2025.
In Las Vegas, publicly traded homebuilders control a staggering 87% of the new home market.
ResiClub PRO | Chicago Fed President Austan Goolsbee: “The long arc over the last year and a half is inflation is way down; unemployment is creeping up; the job market is cooling"
ResiClub PRO | The Lance Lambert House Price Tracker just got updated to include our latest house price analysis.
Unlike housing demand, housing supply isn’t as elastic and can't quickly ramp up.
Zonda: 56% of U.S. homebuilders are seeing 'very little competition' from the resale market, while only 22% of Florida builders agree.
Redfin's CEO believes that there would be trouble for his business and existing home sales if there is no improvement in affordability.
ResiClub PRO | We created a new chart to track the active inventory recovery across the country.
ResiClub PRO | Land comprises 32.2% of the value of the average U.S. single-family property in a metro area.
ResiClub PRO | We just got some fresh data and research that gives us some deeper clues about how this lock-in effect is impacting the U.S. housing market.
We’re seeing more adjustable-rate mortgages, as buyers in this strained housing affordability environment try to find some relief.
