New construction and recovering inventory are helping shift markets in favor of buyers down south
More markets are tilting in favor of buyers — including a few outside the South.Sold homes are typically on the market for 23 days before selling, a week faster than last year.October's mortgage-rate rebound raised monthly mortgage costs by 2.8% over September.SEATTLE, Nov. 20, 2024 /PRNewswire/ -- Home buyers are gaining leverage in negotiations across the nation as competition eased in October, the latest market report1 from Zillow® shows. Zillow's market heat index indicates competition nationwide is creeping closer to becoming a buyers market as activity winds down for the winter.
The information provided here is not subject to any editorial processing. It is prepared fully automatically and enriched with additional information and further research options. The aim of the content is to provide information seekers with the relevant information quickly and easily. A link back to the information provider and owner ensures that the data prepared here can be compared with the source information if required. The newsboard does not show information in real time. Please contact the exchange operator for this information if required. There is no claim to completeness. High availability cannot be guaranteed. If you notice any errors in the functionality, please let us know using the "Report a Bug" form below.
RAW DATA PROCESSING means that raw data is processed without changing the content. The data is supplemented to improve the interpretation of the information in terms of usability.
Note: The newswire cross-link panel at the top allows you to quickly and easily access additional sources of information. In the terminal view, the news is filtered at company level and enables targeted searches.
On behalf of the trading community, we would like to thank the operators of the trading venues for providing information services.