Florida sellers are making adjustments this fall as homes spend longer on the market. As of Oct. 3, 44% of active single-family listings in the state show a price cut, according to HW Data. The median markdown is 4%, reflecting seller efforts to meet buyers in a slower, higher-cost market. Prices and inventory Florida has […]
Florida homes take longer to sell as price cuts rise Read More »
The fall housing market is sending a clear message that sellers are adjusting expectations. The latest HW Data shows 42% of active single-family listings nationwide include a price cut. The median markdown is 4%, showing that many sellers are trimming just enough to bring buyers back to the table without significantly resetting market values. Prices
How much are sellers cutting home prices? Read More »
The Mississippi housing market continues to show one of the slowest absorption rates in the nation, with homes sitting on the market well above the U.S. median. The state now ties with Louisiana, Hawaii and Florida for the longest days on market (DOM), underscoring a widening gap between local conditions and the national trend. HW
Mississippi among slowest markets as gap with U.S. widens Read More »
Georgia’s housing market presents stark contrasts. The state reports a median 70 days on market for single-family homes. HW Data highlights a sharp divide, with some Georgia metros selling in weeks while others take months to turn. Quick-selling metros Hinesville-Fort Stewart leads the state’s larger markets with homes selling in a median of 42 days.
Georgia metros show sharp divide in days on market Read More »
In the national housing market, states with the most active listings show wide differences in how quickly homes sell. HW Data shows California moving inventory the fastest, while Florida and Texas take longer despite carrying larger supply. California sets the pace California carries 57,065 active listings and a 63-day median time on market. Months’ supply
Inventory-heavy states show wide gaps in sales speed Read More »
Alabama’s housing market is splitting. Lower-priced homes are selling briskly, while higher-end listings linger, according to the latest HW Data. Affordable homes fuel pending sales Alabama’s entry-level homes are moving quickly. The state recorded 1,843 pending sales in its most affordable tier last week at a median price of $165,000 — well below the national
Alabama’s housing market reveals a growing affordability divide Read More »
Business theory IRL As I like to share with my MBA graduate students, the principles of our classes are not just theory. They have real-world (or, as my Gen. Z students say, IRL (in real life)) implications. Case in point: A reporter from the Daily Mail asked me about the following. Paris Hilton bought Mark
Houston’s housing market maintains a competitive edge in affordability while still showing a slight seller’s advantage, according to the latest HW Data. With a median listing price of $351,900, Houston presents a value opportunity for buyers priced out of Dallas and Austin markets. Inventory and pricing vary significantly across Texas metros The Houston metro area
Houston Home Values Provide Competitive Edge in Texas Read More »
The total value of U.S. homes has climbed to a record $55.1 trillion, although growth has cooled in the past year amid high housing costs. That figure represents a $20 trillion increase since early 2020 and an $862 billion gain over the past year, according to an analysis released Monday by Zillow. But while the
US housing market value hits record $55T, but growth is slowing Read More »
A growing number of U.S. housing markets face elevated risks from high foreclosure rates, underwater mortgages and rising costs, according to a new report. ATTOM analyzed 579 counties nationwide for its second-quarter Housing Risk Report — with ranking criteria including affordability, foreclosure activity, mortgage equity and unemployment. California and Florida counties were heavily represented among
Housing market risk steepest in southern, western areas Read More »