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Pricey Pocket Listings Put a Dent in MLS Dominance

Pocket listings-homes sold outside multiple listing systems-have become extraordinarily popular over the past year, creating a secondary residential market place that raises questions about the value and role of the Realtor-run MLS system that has dominated residential real estate for more than a century. Read More »

Recovery Softens as More Markets End Year with Annual Price Decline

Over the past few months, the number of markets experiencing year-over-year price declines has steadily increased, while the number experiencing list price increases has steadily declined. Compared to one year ago, a higher number of markets are ending the year with a year-over-year price decline (44 in 2012 vs. 36 in 2011) and a lower number of markets have a year-over-year price increase (71 in 2012 vs.84 in 2011). Read More »

List Prices in Heartland Markets Turn Negative

Inventories remained at historic lows in September, down 17.77 percent compared to a year ago and the median list price was marginally higher, but a growing number of older industrialized areas are showing signs of weakness and the gains observed earlier in the 2012 home buying season in many markets appear to be moderating. Read More »

Sellers Keep Faith as Inventories Rise

Despites declines in prices through the fourth quarter and January, sellers are expecting nearly demand to be as strong as it was at the beginning of the homebuyer tax run-up in sales a year ago according to February data released today by Move, Inc. Read More »

Online House Hunting Rises 10 Percent over 2010

In January the number of searches for homes by buyers on the Internet’s largest homes-for-sale site, a potential an indicator of future demand, rose 10 percent over a year ago, a time when large numbers of buyers were getting ready to take advantage of the homebuyer tax credits. Read More »

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