‘Shrinkflation’ Hits Million-Dollar Homes

Sales of homes million dollar-plus homes have more than doubled over the past three years, but as with groceries, buyers are getting less than they used to, said Zillow, Seattle.

Housing Market Roundup Aug. 22 2022

Here’s a quick summary of housing/real estate finance articles that have come across the MBA NewsLink desk:

Zillow: Lowest-Priced Homes Attract Strongest Competition

As home-buying demand cools from last year’s record pace, competition is now hottest for the lowest-priced homes as affordability obstacles stretch buyers’ budgets, said Zillow, Seattle.

Housing Market Roundup: June 29, 2022

Here is a summary of recent housing, market and economic reports that have come across the MBA NewsLink desk:

Pricey Suburbs Take Lead in Most Popular Markets

It’s not exactly a race, but so far in 2022, home values in the suburbs sped ahead of urban growth values, continuing a trend began last summer, said Zillow, Seattle.