Home Prices Need Multi‑Metric View, Not Just Median
What are home prices doing? Here’s a look at some traditional price metrics and a few price indexes. I think it’s important in today’s market to look beyond just the median and average. https://t.co/flulXSqx4R
Pending Contracts Near February 2025 Levels, Demand Remains Tame
Looks like pending contracts this month will match or slightly surpass February 2025. Here is a visual as of a couple days ago. Basically, buyer demand has been pretty tame still. Very slightly better. https://t.co/9ckA6qPxJo
Look Beyond Median Sales Price to Understand Home Price Trends
What are home prices doing? It depends. Some thoughts today about interpreting price change. I think it's really important to think beyond the median sales price in 2026. I hope this helps. Any thoughts? https://t.co/KmyRaAIto8
Large Homes Driving Spring Price Surge in Market
Larger homes are starting to get into contract. The dotted line represents preliminary sales for February and pendings that will close in March. We typically see a spring uptick in prices, and some of that has to do with the...
Spring Accelerates Sales: Days on Market Drop
Seeing spring vibes in the stats as expected. It’s taking less time to sell. Here’s a preliminary look at days on market. The dotted line for March is based on pending contracts in February.
Spring Slashes Home Sale Times, Days on Market Drop
Seeing spring vibes in the stats as expected. It’s taking less time to sell. Here’s a preliminary look at days on market. The dotted line for March is based on pending contracts in February. https://t.co/Jqac1DVmAr
IBuyer Hype Faded: Reality Beats the Takeover Myth
Throwback to when the iBuyer model was going to take over the real estate market.
Lower Prices Drive More Competition, February Mirrors Pre‑2020 Trends
How is the market? Here’s a look at closed sales so far in February that have sold above, below, and at the original list price. Do you see the trend? The lower the price, the more competitive it is. I...
FHA Market Share Plummets From 30% to 10%
FHA used to be such a force at about 30% of the local market in 2009. Closer to 10% today. https://t.co/pb7ZHRoOTt
Small Sample Size Skews Market Percentage Claims
"Bro, the market is up by 20%." Nope. Be careful of the median price (or any price metric) in a small county. Being up 20.7% all of the sudden sounds really aggressive, but this is about a small sample size....