In a balanced housing market, households making about $100,000 a year should be able to afford 60% of homes. Today, they find less than 40% within reach.

 Affordability is still the main issue. But uncertainty in the economy is also playing a big role.

New date from Zillow suggests the time of year owners sell affects how much they get. The best time varies by region.

Some are even cutting prices, reflecting motivation to lock in years of gains. Sellers’ rising median age might be a factor.

Pending sales were up 2.2% in November.

Pending home sales, a leading indicator for the existing home market, rose nearly 7.5% in September – much more than expected.

The MLS is in the news a lot. But what is it?

This week, Wayfair reported a $42 million loss and its CEO compared the drop in demand to the one seen in the last financial crisis.

Some sellers who have delayed putting their homes on the market are now doing so, but inventory is still lower than normal.

But not because it’s easier to buy.