December housing demand near 3-year high as spreads improve

As mortgage purchase applications approach a three-year high, it’s vital to recognize the significant role played by mortgage spreads. Without the improvement in mortgage spreads starting in 2024, we would not have gotten mortgage rates below 6.64%, which spurred the last 18 weeks of positive data. The following analysis examines this data in detail. Mortgage purchase application data The last...

Price reductions surge in Charlotte, but median list price remains firm

Price reductions swept through 53.3% of Charlotte metro’s active listings during the week ending Nov. 29, 2025, while the median list price held firm at $475,000. The market maintained a 2.6-month inventory supply with 4,958 active homes for sale. The Charlotte–Gastonia–Rock Hill metro absorbed 462 homes during the week, outpacing the 261 new listings that entered the market. Properties spent a...

Nashville housing market balances as inventory and price cuts rise

Nashville’s housing market recorded 7,277 active listings during the week ending Nov. 29, with 39.1% of sellers reducing prices as the metro’s inventory climbed to a 3.4-month supply. The median list price held at $594,900 while price per square foot reached $260.8. The Music City market absorbed 663 homes during the week against 354 new listings entering the market. Properties spent a median 84...

Limited inventory and price cuts shape Cincinnati’s housing market

The Cincinnati-Middletown metro area absorbed 427 homes in the week ending Nov. 29, 2025, outpacing new inventory additions of 347 listings as 41.8% of active properties reduced asking prices. The Ohio metro maintained just 2.3 months of supply, tighter than the national average of 2.8 months, while operating in seller-favorable conditions. Cincinnati’s median list price of $359,900 exceeded Ohio’s...

Kansas City sellers reduce listing prices as inventory grows faster than buyer demand

Nearly half of Kansas City metro home sellers cut their asking prices in the week ending Nov. 29, 2025, as the market navigates a delicate balance between rising inventory and slowing buyer activity. The 45.2% price reduction rate coincides with active listings climbing to 4,723 homes while weekly absorption dropped to 511 properties. The surge in price adjustments reflects sellers’ recognition of...

Houzz Call: Show Off Your Christmas Tree! (5 photos)

Yuletide greetings, Houzz readers! If you’ve put up your Christmas tree, we’d love to get a peek at your handiwork. Please photograph your decorated tree, or other holiday decor, and share a picture with us in the Comments. We’d also love to hear about your meaningful ornaments and tree-trimming...

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