Existing-home sales slipped in March. Among the four major U.S. regions, sales slid in the Midwest, South and West, but rose in the Northeast for the first time since November 2023. Year-over-year, sales decreased in all regions. www.nar.realtor/newsroom/existing-home-sales-descended-4-3-in-march

The CEO of America's largest homebuilder says housing inventory would have to 'significantly' jump before it'd impact their ability to sell My latest for @ResidentialClub www.resiclubanalytics.com/p/ceo-americas-largest-homebuilder-says-housing-inventory-significantly-jump-itd-impact-ability-sell

Real estate agent source in Northern Virginia: "The 7s [mortgage rates] are definitely hurting the market. Lost about 4 deals cause of it last two weeks . People can’t afford it when you are talking average sales prices of $800k" "It’s made people tap out"

First-time buyers represented 32% of buyers, up from 26% in February 2024 and 28% in March 2023. 29% of homes sold above list price, up from 20% last month and 28% one year ago. www.nar.realtor/research-and-statistics/research-reports/realtors-confidence-index pic.twitter.com/UwALGRfpeC