In Q3, homeowners sold 27,244 homes worth a total of $10.6 billion using an iBuying service. iBuyer market share reached 1.9% in Q3, a new record.
Market Trends
Playing Catch-up: Putting the Recent Home Building “Boom” in Context
There is a cumulative shortage of 1.35 million new single-family homes permitted in the 35 largest U.S. housing markets. Here's why.
October New Home Sales: Poised for a Breakout 2022
New home sales may be set for a breakout 2022 if and when ongoing labor and supply shortages pass.
FSBOs May Fit the Bill For Buyers Looking for Affordable Options
For sale by owner (FSBO) listings are a small but relatively consistent share of total U.S. home listings -- since 2018, FSBOs have accounted for around 4-6% of total monthly listings.
Housing Market Settling into New Normal (October 2021 Market Report)
All in, the data point to a for-sale market that seems to be adjusting to a new normal after more than a year of norm-busting behavior.
October Housing Starts: Doubly Disappointing
Housing starts notched another monthly loss In October, doubly disappointing because housing starts almost always rise this time of year.
Mortgage Rates Decrease For Second Week
Mortgage rates declined for the second week in a row, resulting in an uptick in both refinance and purchase applications.
August 2021 Case-Shiller Results & Forecast: Beginning to Ease Off the Gas
House price growth through August sustained July’s unprecedented velocity, but autumn’s reports indicate that the market is easing off the gas pedal.
September New Home Sales: Stretching to Satisfy Demand
New home sales in September surged 14% above the previous month’s pace, the biggest monthly increase since July 2020.
