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Pending Home Sales

Alabama’s housing market reveals a growing affordability divide

Affordability, Alabama, Artificial Intelligence, Housing Market, Housing Market Data, HWmember, Pending Home Sales, Real Estate /

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 […]

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Pending home sales show slight annual gain in July

Federal Reserve, Housing Market, HWmember, Mortgage Rates, National Association of Realtors, Pending Home Sales, Real Estate /

Homebuyers remained hesitant in July, despite the slight decrease in mortgage rates and uptick in inventory, according to the National Association of Realtors’ (NAR) Pending Home Sales Index released Thursday.  Nationwide, the index fell to a value of 71.7, down 0.4% from June. On an annual basis, however, pending home sales were up 0.7%.  An

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Home purchase cancellations hit 8-year high

Florida, Home Sales, Housing Inventory, HWmember, Pending Home Sales, Real Estate, Redfin, Texas /

Nearly 58,000 U.S. home-purchase agreements were canceled in July, equal to 15.3% of homes that went under contract during the month, according to a Redfin analysis of MLS data. That marks the highest July cancellation rate since the company began tracking the metric in 2017 — and up from 14.5% a year ago. Analysts point

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How to think about home prices for the rest of 2025

Altos, Data & Visuals, Existing home sales, First-Time Homebuyers, Home Prices, Home Sales, Homebuyers, Housing Inventory, Housing Market, Housing Market Data, Mortgage Rates, New Home Sales, Pending Home Sales /

The story for the housing market over the past three years has been, “Home sales are down, home prices are up.” Because inventory was so restricted after the pandemic, prices pushed higher even as demand weakened. That story may finally be inverting as unsold inventory of homes is now great enough that home prices are

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DOGE effect? Housing inventory in DC is rising faster than the rest of the country

Altos, Data & Visuals, DOGE, Home Prices, Housing Inventory, Housing Market, Pending Home Sales, Washington, D.C. /

Agent Janice Pouch had a listing go up in February for a single-family house in a desirable part of Washington, D.C., where homes typically don’t last long.  She had no reason to think that wouldn’t be the case this time either, especially after a packed open house during its first weekend on the market. Instead,

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Inventory back to 2019 levels and what that means for 2025

Affordability, Altos, Data & Visuals, Existing home sales, Home Prices, Home Sales, Homebuyers, Housing Inventory, Housing Market, Housing Market Data, Housing Market Tracker, New Home Sales, Pending Home Sales, Real Estate /

To start things off, I have an announcement to make, today will be my last weekly article for Altos Research. I founded Altos nearly 20 years ago to bring a new level of analytics and data to the housing market. Two and a half years ago, Altos was acquired by HousingWire, and it’s been tremendously

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More home sellers and home sales in May

Affordability, Altos, Data & Visuals, Home Prices, Home Sales, Housing Market, Housing Market Data, HWmember, Mortgage Bankers Association, Pending Home Sales, Real Estate Listings /

The weekly pending home sales picked up this week as expected, with 2.6% more pending home sales contracts started than a year ago. If you’re following the data closely, you know that home sales are still running at or below last year’s pace. Year to date, through the first week of May, we count 3%

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