Market Watch

Redfin defines a market with over 10 percent more sellers than buyers as a buyer’s market. And according to a new report from Redfin, there were an estimated 36.8 percent more home sellers than buyers in the housing market for October.

The National Association of Realtors (NAR) adopted its 2026-2028 Strategic Plan on Nov. 16 after it was approved unanimously by the NAR Executive Committee. “NAR is rebuilding trust by executing the largest transformation in real estate history, and this strategic plan will be our roadmap,” NAR CEO Nykia Wright said.

The Mortgage Bankers Association’s Builder Application Survey (BAS) for October demonstrated the importance of distinguishing between seasonally adjusted and unadjusted numbers when evaluating mortgage purchase data. The BAS data indicated a 2.6 percent decline in October mortgage purchase applications compared to the same month last year on an unadjusted basis. 

“Foreclosure activity continued its steady upward trend in October, the eighth straight month of year-over-year increases," ATTOM CEO Rob Barber said in a release. ATTOM's October U.S. Foreclosure Market Report showed significant foreclosure filings.

Atlantic Coast Mortgage (ACM) is an independent mortgage lender licensed in 40 states, primarily engaged in the origination of 1-4 family residential mortgage loans and construction loans. ACC is set to acquire Tidewater Mortgage Services, Inc. in a strategic move for both companies.

According to Cotality, inventory for October rose to the highest level since 2019.

The report also revealed softening prices and listings that are lagging, and regional market differences are stark.

Read on to learn more.

U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner recently noted that "HUD kept critical services online for the more than 4 million American families that depend on HUD assistance to keep a roof over their heads,” during the government's shutdown. Turner delivered an update on the status of vital HUD programs during the shutdown.

How do appraisers differentiate between market value and true value?

Tim Andersen, “The Appraiser’s Advocate,” recently outlined some specifics relating to this topic and shared his thoughts with us.

Read on for the full conversation. 

Cotality's  S&P Case-Shiller Home Price Index (HPI) continued its gradual decline in annual gains, falling to 1.5 percent in August.

The 10-city and 20-city composite indexes showed slightly more resilience but also declined, dropping 1.6 percent and 2.2 percent, respectively.

Read on for more from the HPI report.