Steeper mortgage rates and priced-out buyers paved the way to a slightly cooler housing market in Dallas and other major cities this spring, hinting that the booming post-pandemic seller’s market may have an expiration date. 

A new report from ShowingTime reveals a continued drop in home showings nationwide: During May, buyer traffic decreased 18.2% year over year.

Agent commissions of the future could look much different than they do today, as a Department of Justice investigation into the issue of decoupling buyer and broker commissions continues, class-action lawsuits are advancing and associations and MLSs are adjusting their policies.

More than 1,000 square feet are tucked away inside this real-life, hillside Hobbit house! It looks straight out of Middle Earth.

The Peterson Rock Garden and Museum, a beloved local attraction in central Oregon, is officially for sale. It’s listed for $825,000.

Realor.com has compiled a list of the 10 markets where homes are lingering the longest — giving buyers a rare edge.

The increase ends a six-month string of monthly declines, the National Association of REALTORS® said.

New-home inventory rose to 444,000 homes in May from 437,000 homes in April, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.  

Meanwhile, existing-home sales slid 3.4% from April to a seasonally adjusted annual rate of 5.41 million, according to the National Association of REALTORS®. 

Dallas-Fort Worth was third on the list with 1,116 iBuyer home sales in the first quarter, accounting for 5.1% of home sales in the market.

Nationwide, sales fell 8.5% annually and rose 5.8% monthly, as rising interest rates and home prices weighed on homebuyers’ purchasing power, RE/MAX said.

New-home completions rose during the month, however, with the increased inventory representing a rare bright spot in an otherwise gloomy government report. 

The Federal Reserve raised interest rates by .75% today: the sharpest increase since 1994. How will that affect real estate?

Two major real estate firms are cutting their workforces amid a cooling housing market. Compass and Redfin are laying off 10% and 8% of their current staffs, respectively.

Lumber prices, once emblematic of widespread supply-chain woes, are finally beginning to fall. How will this affect the housing market?

It is a fun reminder that location is everything, and every state has amazing ultra-luxury properties for the right price.