News / Features

Surprise surge in new-home sales in May as median price falls 

New-home inventory rose to 444,000 homes in May from 437,000 homes in April, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.  

Median existing-home price tops $400,000 for first time in May 

Meanwhile, existing-home sales slid 3.4% from April to a seasonally adjusted annual rate of 5.41 million, according to the National Association of REALTORS®. 

Denver home sales rise 3.3% year over year in May

Nationwide, sales fell 8.5% annually and rose 5.8% monthly, as rising interest rates and home prices weighed on homebuyers’ purchasing power, RE/MAX said.

Housing starts plunge in May amid uncertain economic conditions 

New-home completions rose during the month, however, with the increased inventory representing a rare bright spot in an otherwise gloomy government report. 

The Fed hikes interest rates 0.75% — what it means for real estate

The Federal Reserve raised interest rates by .75% today: the sharpest increase since 1994. How will that affect real estate?

Compass and Redfin announce layoffs

Two major real estate firms are cutting their workforces amid a cooling housing market. Compass and Redfin are laying off 10% and 8% of their current staffs, respectively.

Is the ‘lumber bubble’ finally bursting?

Lumber prices, once emblematic of widespread supply-chain woes, are finally beginning to fall. How will this affect the housing market?

Great location — adjacent to Jurassic Park

Your dream home is ready for excavation in Cleveland, Ohio. With large dinosaur statues playing out prehistoric scenes, this three-bedroom colonial is like no other home on the market.

Half of Americans are brought to tears while buying a home

A new Zillow survey revealed that 50% of Americans cry while buying a home, with Gen Z and millennial buyers far more likely to shed tears at least once during their home-buying journey.

Denver home prices show no signs of slowing in March S&P CoreLogic Case-Shiller Index 

Nationally, the index posted its highest annual increase ever.

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