Real Estate Market Trends

Median List Price Breaks Record Set Last Year

Welcome to spring! According to data from, the median list price of for-sale homes in the United States rose to $280,000 in March, breaking the record of $275,000 set last July. The record-setting report is perhaps unsurprising, considering the historically-low inventory that has plagued the housing market for the last several years.

New Home Starts and Permits Surged in January

As a lack of inventory drives home prices higher and higher, builders are continuing to ramp up the number of new homes under construction in the U.S. In fact, January saw housing starts jump by 9.7% compared to December and building permits increase by 7.4% compared to December! While these numbers are encouraging, there is still plenty of progress to be made before inventory return to normal levels.

Reasons to Be Thankful: Real Estate Edition

Yes, housing inventory remains extremely low and tax reform could potentially harm homeowners, but Realtor Magazine points out that there is actually a lot to be thankful for in real estate this holiday season. Don't believe me? Keep reading to see why!