Real Estate Company Blog

Resale Homes Are Now More Expensive Than Brand-New Homes — A Once-in-a-Generation Flip This Has Only Happened Two or Three Times in Modern Housing History Orson Hill Realty / eXp Realty  |  Colorado Foothills & Southwest Florida  |  June 2026 Something unusual is happening in the American housing market right now — something that has only occurred two or three times over the last several decades. The median price of a resale home has crossed above the median price of a brand-new home. If you haven't heard about this yet, it's because the headline defies conventional wisdom so completely that it almost sounds like a misprint. It isn't a misprint. According to data from the U.S. Census Bureau and the National Association of Realtors, the median price for an existing single-family home stood at $414,900 in the fourth quarter of 2025. The median price for a newly built single-family home? $405,300. That is a gap of nearly $10,000 — with the used home costing more. This h...

J.P. Morgan Calls 0% National Home Price Growth for 2026 — and Explains Exactly Why One of the most-cited Wall Street forecasts for housing just laid out its math. Here is what the 0% call means for buyers, sellers, and investors across every major market. When J.P. Morgan — one of the most influential financial institutions on the planet — issues a formal housing market forecast, the real estate world stops and listens. Its 2026 call is both simple and stunning in equal measure: zero percent national home price growth . Not a crash. Not a boom. A flat line, nationally, for the year. But as with almost everything in real estate, the national number is the least interesting part of the story. The real story is what is happening underneath that average — the markets surging 13% , the markets sliding 5% , and the specific economic forces J.P. Morgan says are driving the entire picture. Whether you are buying in a supply-constrained Midwest city, selling in a Sun Belt market still digesti...

The Case-Shiller Index Just Posted Its Weakest Reading in Years What the gold standard for U.S. home prices is telling us right now — and what it isn’t Numbers Don’t Lie — But They Do Need Context If you follow housing data at all, you’ve probably seen the headline by now: the S&P Cotality Case-Shiller U.S. National Home Price Index came in at just 0.7% year-over-year for March 2026 . That’s the weakest annual gain registered since June 2023 on a seasonally adjusted basis, and it continues a slide that has now stretched across 14 straight months of decelerating growth. It’s also the 10th consecutive month in which inflation has outrun home price appreciation — meaning real home values, adjusted for what your dollar actually buys, have been quietly declining for nearly a year. The March figure came in below the 0.8% recorded in February, below what analysts were expecting, and well below where the market was just two years ago. Whether you’re a buyer, seller, or investor, that tra...

Homebuilder Sentiment Drops to 35 in June The 14th Straight Month Below 40 The construction industry’s confidence gauge just posted its worst streak since the foreclosure crisis. If you work in real estate and haven’t been paying close attention to the NAHB/Wells Fargo Housing Market Index lately, now is a very good time to start. The June 2026 reading just dropped to 35 — falling from 37 in May and coming in below market expectations of 36. More than the single-month number, though, is the streak behind it: this marks 14 consecutive months that builder sentiment has stayed below 40. The last time the index ran this low for this long was the 2011–2012 foreclosure crisis , when millions of homeowners were underwater and builders had essentially stopped building. We are not in a foreclosure crisis. But we are in a new construction market that is sending some very clear signals — and agents who understand those signals are going to be in a much stronger position than those who don’t. ...

Florida Goes Statewide Buyer’s Market The Whole State Has Tilted Toward Buyers — With Real Regional Nuance For the first time in years, the Florida housing market is leaning decisively in favor of the people writing the offers. Rising inventory , longer days on market , and softening prices in several major metros have combined to hand Florida home buyers the kind of negotiating leverage that was unthinkable during the pandemic-era frenzy. The shift is genuinely statewide — but it is not uniform. Some markets have swung hard toward buyers while others remain stubbornly competitive, and understanding that difference is the single most valuable thing a buyer or seller can do right now. This guide breaks down what a buyer’s market in Florida actually means in practical terms, where the leverage is strongest, where it is weakest, and how both buyers and sellers should adjust strategy to win in these conditions. What the Statewide Data Is Telling Us The headline numbers all point the ...

What Lives in the Cape Coral Canal System? the Wildlife Beneath Your Dock Cape Coral did not earn the nickname “Waterfront Wonderland” by accident. With roughly 400 miles of canals threading through the city, it holds one of the largest manmade waterway networks on the planet, more navigable canal frontage than Venice, Italy. But ask any longtime canal-front homeowner what actually makes those canals special, and the conversation rarely stays on real estate for long. It turns to wildlife: the manatee that parks itself under the dock every January, the dolphin pod that chases bait fish past the seawall at sunset, the alligator sunning on the bank of a freshwater canal two streets over. Buying canal-front property in Cape Coral means buying into an entire ecosystem, and most buyers want to know exactly what is living in that water before they put in an offer. Here is the real answer, broken down by canal type, season, and what it actually means for your future dock. The Two Canal Net...