Sales of existing homes in April were up 9.7% over April 2012, but lack of inventory and tight credit are still keeping many would-be buyers on the sidelines.
The lack of homes for sale is holding back any significant increase in contracts, but the NAR predicts home sales this year will be 6.5% to 7% above last year.
The latest Realtor.com data found an increase in the number of homes for sale between February and March. Is it a trend or a blip?
Some real-estate advice has been repeated so often that we all think it's valid when it's not. The holidays are actually a good time to list.
The national median home price is up 11.5% over last year. Plus, the number of homes for sale rose 9.6% from January to February.
Some parts of the homebuying and selling process have been transformed radically, making information easier to find. But has all the change been good?
The Northeast and the Carolinas have the oldest inventory of homes for sale, contrasting with California cities, Denver and Seattle, where homes are selling much faster.
The Realty Foundation of New York provides confidential grants to professionals who are struggling to make ends meet.
About Teresa Mears
Teresa Mears is a veteran journalist who has been interested in houses since her father took her to tax auctions to carry the cash at age 10. A former editor of The Miami Herald's Home & Design section, she lives in South Florida where, in addition to writing about real estate, she publishes Miami on the Cheap to help her neighbors adjust to the loss of 60% of their property value.