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Make no mistake, today’s housing market has plenty of homes for sale, but very few buyers are biting.

According to a new report by Realtor.com®, the overall number of homes for sale in the U.S. increased by a whopping 67.8% in February. That amounts to 234,000 more homes on the market than there were during this same month last year.

The problem, though, is that most of these listings are stale—ugly ducklings that have been sitting online for weeks or even months with no takers. Homebuyers and sellers all know that a real estate listing garners the most excitement in the first few days after it hits the market, so when a home lingers (and lingers), buyers get suspicious, wondering: What’s wrong with this house?

As for fresh listings, those were down in February, with 15.9% fewer home sellers entering the market compared with a year earlier. This lack of new homes for sale is even starker when you compare these numbers with pre-COVID-19 levels from 2017 to 2019, when fresh listings were 27% higher than they are now.

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For a couple of pizza lovers trying to buy their first home, finding a new place meant finding the right kitchen, even if it meant a renovation. Here were their choices.

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It was supposed to be the future of Florida construction. Instead a geodesic dome home is a rare find in Miami.

Multiple offers came in even before the 6,045-square-foot home officially hit the market in early February for $1,850,000. It’s now pending sale, according to Realtor.com®.

The curved construction on a half-acre lot is a design marvel.

“Its footprint is very minimal from an external viewpoint. When you’re walking up to the house, you’re obviously intrigued by the dome and the shape of the house, but you don’t really experience the magnitude of it until you walk inside,” says listing agent Avi Werde, with Compass.

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That’s a wrap!

Famed Mexican filmmaker Guillermo del Toro is selling his four-bedroom, 4.5-bath, Westlake Village, CA, abode for $3.25 million.

The inviting home was on the market for a little more than a week and has gone into contingent-sale status.

If del Toro gets his full asking price, he’ll land a tidy profit on the place he picked up in 2012 for $1.65 million.

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Eighty-four percent of recent first-time homesellers over the past two years believe they could have sold their homes for a higher price if they had made better decisions.

Realtor.com

An affordably priced home in South Kingstown, RI, is the oldest property to hit the market this week on Realtor.com®. But exactly how old? According to the listing, the home dates to “the late 1600s-early 1700.”

The New England Colonial still features many original details, including restored hardwood floors, built-in cabinetry, exposed-beam ceilings, and three fireplaces. The 1.3-acre property might be subdividable.

Other vintage dwellings to hit the market this week include a Maryland farmhouse once a part of a dairy production facility, a stone home in Pennsylvania, and a relocated antique in New York.

Scroll down for a full look at this week’s 10 oldest homes.

After three straight weeks of declines in mortgage applications, demand for purchase loans remains at the lowest level since 1995 for the second week in a row.

Migratory waves over the past three years due to the pandemic have caused homeownership tenure to decline modestly, but an uptick is expected thanks to a rise in mortgage rates, Redfin data shows.

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A kitchen update can present an overwhelming number of options. What countertop material is best? Should we go with a single- or double-bowl sink? Will we regret repainting the walls in a color other than white?

If you plan to sell your home soon, these concerns could become paramount. Not only do you have to think about what you like in a kitchen—you also have to deliberate over potential homebuyers’ preferences.

Lately, we’ve noticed a number of kitchen design trends that are creative enough to satisfy owners but versatile enough for a range of would-be buyers. From streamlined appliances to an unexpected color for cabinets and fixtures, these looks can modernize a home and improve its efficiency—two qualities that are very attractive to house shoppers.

“The kitchen is one of the rooms that can have the biggest impact on a home’s value,” says Keely Smith, lead interior designer at JD Elite interiors in North Vancouver, BC. “If you’re planning to sell soon, it’s worth considering some of the design trends that we’ll see this spring—and beyond.”

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