Realtor.com

US Luxury Home Entry Price Falls 2.3% as Florida Metros Defy Trend

Austin – November 09, 2026 -- The US entry point to luxury housing fell 2.3% year over year to $1,197,014 in October, the 31st consecutive month of annual declines, according to Realtor.com's October 2026 Luxury Housing Report. Twelve metros bucked the trend with price gains of at least 1%, and Florida accounted for five of them.

Declines Hit Every Luxury Tier, With the Top Falling Fastest

The threshold for the top 5% of listings dropped 4.1% year over year, while the top 1% fell 6.2%. The ultraluxury threshold fell about 2.7 times as fast as the entry-level luxury threshold.

Mortgage Rates Hit 7.40% as Buyers Gain Ground in 66% of Metros

Austin, Texas – October 19, 2026 -- Mortgage rates climbed 74 basis points in just over a month, from 6.66% in late August to 7.40% on October 8, cutting purchasing power by 7.2% for a buyer with a $2,000 monthly principal-and-interest budget, according to the Realtor.com Market Clock report.

That shift removes more than $22,000 from the home price such a buyer can afford. The national Market Clock reading moved to 4 o'clock, described as late balanced and loosening toward buyers, from 3 o'clock last quarter. About two-thirds of metros now favor buyers outright or are moving in that direction.

Seller's markets fall from 39 to 27 in one year

Of the 99 metros tracked, 27 are seller's markets, 49 are balanced and loosening, 17 are buyer's markets and six are balanced and tightening. No quadrant holds a majority. Over the past year, buyer's markets rose from 13 to 17.

Realtor.com+ Launches RealAssist AI, Hits 192,000 Agents in 21 Markets

Image
Realtor.com+ Launches RealAssist AI, Hits 192,000 Agents in 21 Markets

Santa Clara, California – October 06, 2026 -- Realtor.com®+ has reached more than 192,000 agents across 21 live markets since its January 2026 debut, with up to 10% agent adoption rates recorded in those markets, as the platform rolls out a new AI assistant called RealAssistTM AI to automate routine agent tasks.

RealAssist AI targets repetitive agent workflows with three core tools

The new feature set includes AI-driven client and search setup that captures buyer preferences to auto-generate tailored home searches, a Daily Digest that consolidates chats, searches, notifications and price changes into a single summary with suggested next steps, and Agentic Actions that recommend and help execute tasks such as refining searches using MLS data fields or drafting client messages. Agents retain approval authority over every automated action.

Down Payments Fall to Five-Year Q2 Low as Rates Drive Monthly Costs Up 74%

Austin, Texas – September 25, 2026 -- The typical U.S. down payment fell to $27,100 in the second quarter, the lowest second-quarter level since 2021, even as higher mortgage rates pushed estimated monthly payments up 74% over five years to $2,376, according to Realtor.com's second-quarter Down Payment Report.

Down payments drop 9.2% year over year despite seasonal rebound

The median down payment rose seasonally to $27,100, or 13.7% of purchase price, in the second quarter from $25,000, or 12.9%, in the first quarter. That still marked a decline of 9.2% in dollar terms and 0.6 percentage points as a share of price versus the $29,900, or 14.3%, recorded a year earlier. The rebound extended into July, when the typical down payment hit an annual high of $28,800, or 14.0%, still 7.5% below year-ago levels.

Zillow, Realtor.com Launch Joint Pre-Market Listing Feature

Image
Zillow, Realtor.com Launch Joint Pre-Market Listing Feature

Seattle and Austin, Texas – September 20, 2026 -- Zillow and Realtor.com have simultaneously launched Preview, a pre-market listing feature giving buyers on both platforms identical early access to homes before they hit the MLS, without requiring any brokerage relationship or special login.

The rollout, first announced as a collaboration in May, marks what the companies call the largest pre-market syndication effort in U.S. residential real estate. Listings are labeled as Preview on both sites and appear to buyers at the same time regardless of platform.

More than 400 brokerages have already enrolled in Zillow Preview

Zillow said over 400 brokerage partners are participating, including Keller Williams, RE/MAX, Leading Real Estate Companies of the World, HomeServices of America, Berkshire Hathaway HomeServices, United Real Estate, Engel & Völkers and Side, with listing volume continuing to grow.