The share of homes with price cuts is getting closer to where it was a year ago. For the week ending Aug. 7, 41.44% of active single-family listings nationally had taken a price cut, compared with 41.85% during the same week last year. Eight weeks ago, the gap between 2026 and 2025 was 1.34 percentage […]

It is no secret that Offerpad has struggled over the past few years. After recording three consecutive quarters of profitability, the Chandler, Arizona-based firm found itself in choppy waters during the third quarter of 2022, where it ultimately recorded an $80 million net loss. In total, the company would end up losing $148.6 million in

Housing inventory is down year over year, and price growth stands at 2.0% per the NAR existing home sales report. That combination might seem bad for affordability, but the truth is housing inventory is back at a healthy level, with price growth still in check and below wage growth, which ran at 3.2% in the