1 in 2 homes spent at least 60 days on market in February
Weak buyer demand and high home prices are contributing to the trend of listings lingering on the market, according to new Redfin data.
March 30, 2026
Dave Gallagher
Director, News Reporting
Dave's journalism career spans 24 years covering business, the economy and real estate in Northwest Washington. He's also a numbers nerd, examining data to spot emerging trends in industries. Having started his career as a sports writer, he's a lifelong baseball and soccer fan and recently discovered pickleball. He grew up in Yosemite National Park and earned his journalism degree at Humboldt State University in northern California.
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- How RealPage is turning the page after DOJ settlementThe rental software company has been reconnecting with customers and getting “crisper around how we message,” CEO Dirk Wakeham told Real Estate News.March 27, 2026
- CoStar claims Zillow is still using over 50K copyrighted photosCoStar alleges that Zillow “has the tools to stop” using CoStar-owned images at issue in a copyright infringement case but “is simply choosing not to.”Updated March 27, 2026
- The ‘primary barrier’ to this spring’s homebuying seasonWeekly average mortgage rates just hit another 2026 high — but not all of the latest economic data spells doom and gloom for real estate’s busiest time of year.March 26, 2026
- How will Zillow’s latest AI feature impact agents?The company says Zillow AI mode will help consumers navigate questions early in the home search process, freeing up agents to focus on high-value work.March 26, 2026
- Some homes are getting cheaper, creating an entry point for buyersWhile the median price of an existing home has remained relatively flat, prices of new and manufactured homes have fallen since the pandemic-era buying frenzy.March 24, 2026
- Hanna Holdings jockeys to join Tuccori commissions settlementPlaintiffs in Davis v. Hanna Holdings claim that the firm “paid a bargain-basement price” to end litigation in the homebuyer commissions case.March 24, 2026
- Sellers outnumber buyers by largest margin in over a decadeThere were 46.3% more homesellers than buyers in the U.S. housing market in February, according to Redfin data — the largest gap since at least 2013.March 23, 2026
- Hope for sub-6% mortgages evaporates as rates jump againThree weeks into the war in Iran, mortgage rates have climbed above 6.5% — the highest level in over six months — after dipping briefly below 6% in February.March 20, 2026
- Compass case against NWMLS will proceedIn a Mar. 19 ruling, a judge denied the Seattle-area MLS’s motion to dismiss, stating that Compass had made “plausible claims” of competitive harm.March 20, 2026
- Early-year new home sales ‘very disappointing’The year began with the slowest new home sales pace since October 2022. But inventory is up and the median price has fallen — both positive signs for buyers.March 19, 2026
- Mortgage rates hit 2026 high as peak homebuying season beginsConcerns about inflation and the wider U.S. economy are driving up mortgage rates as the housing market embarks on what is typically its busiest time of year.March 19, 2026
- Fed holds rates steady, but inflation could stymie spring salesMortgage rates didn’t shift significantly after the Fed’s unsurprising announcement, but rising prices — not rates — could be a bigger concern for homebuyers.March 18, 2026
- MRED MLS moves to make association membership optionalOn March 19, the large Midwest MLS’s board will consider dropping association membership as a requirement for MLS data access.March 18, 2026
- HomeServices CEO ‘skeptical’ of real estate’s litigation trendAs a “recovering” lawyer, Chris Kelly doesn’t think issues like private listings should be decided by a court — especially if consumer interests get overlooked.March 18, 2026
- Housing market conditions ‘fragile’ as pending sales lagThe year-over-year decline suggests factors like economic uncertainty, affordability may “further tighten the market just as the buying season hits its stride.”March 17, 2026
- Howard Hanna takes a ‘middle ground’ approach to pre-marketingCEO Hoby Hanna believes the new HannaList initiative, which he says will abide by MLS rules, offers sellers a chance to build momentum prior to a public launch.March 12, 2026
- Economic unease threatens early-year housing market momentumConcerns about the war in Iran are adding to widespread economic anxiety as mortgage rates — which recently hit three-year lows — start ticking back up.March 12, 2026
- Zillow pushes for a stay in RESPA case; Anywhere notches a winIn a March 11 filing, Zillow reiterated a request to pause the Taylor case. Meanwhile, five Gibson deals were appealed; Anywhere settlement approved in Tuccori.March 12, 2026
- HomeServices CEO: We’re ready to be the ‘adults in the room’As the industry shifts, “it’s really important that HomeServices steps up and fulfills its obligation” as one of the nation’s top brokerages, Chris Kelly said.March 11, 2026
