For the first time since the housing market picked up after the pandemic, Redfin has reported that the average home has sold for less than its listing price ...
Read More »Joint Research Finds Room for Improvement in Mortgage Processes
There is always room for improvement, even in a well-oiled machine, and new joint research by Snapdocs and the STRATMOR Group found that 1-in-5 mortgage applicants experienced an ...
Read More »Homebound Young Adults Choosing to Pay Debts, Building Savings
For many, when it rains, it pours, and many new and young adults got dealt a bad hand at the outset of the pandemic, when lockdowns eliminated many ...
Read More »‘Shrinkflation’s’ Impact on High-End Homes
The newest data from Zillow has revealed that the phenomenon known as “shrinkflation,” which most commonly occurs in consumer products, is occurring in the housing market as well ...
Read More »Home Price Acceleration Tops 50% in June
A new blog post by Mark Fleming, the Chief Economist at First American Financial Corporation discusses the findings of the latest Real House Price Index (RHPI) covering June ...
Read More »Buyers Endure Significant Stress While Acquiring a Home
The newest national survey of new homeowners commissioned by U.S News & World 360 Report Reviews found that a majority of new homeowners who purchased a home since the ...
Read More »Refinance Activity Sinks Amid Rising Rates
Refinance lending sunk 36% in the second quarter, mainly caused by rising rates. Click through to see the latest numbers and get insights from ATTOM’s Rick Sharga on the news.
Read More »Keyword Analysis Shows Mexico Is Top Destination for Vacation Homes
Mexico, Canada, Costa Rica, Puerto Rico, and Belize round out the top five destinations Americans are choosing when it comes to vacation homes. Click here to see where else Americans are considering.
Read More »Pending Home Sales Fall 19% YoY
For buyers, the early 2022 rush to lock in low mortgage rates before they rose even higher has since been replaced by the reality that sub-3% rates are a thing of the past,” said George Ratiu, Senior Economist & Manager of Economic Research for Realtor.com.
Read More »Homebuyer Demand Slows; Properties Remaining on Market Longer
“The buyers who are still in the game are finally getting a break from bidding wars, which means they can be picky,” said Raleigh, North Carolina Redfin Agent Pam Lewis.
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