Home prices rose strongly in November as higher rates during the month had no effect on market activity throughout the mid-Atlantic.
Read More »Life Happens: Homeowners Finally Letting Go of Ultra-Low Rates
“I’m working with a lot of homeowners who are selling because of things like divorces, new jobs, or deaths in the family,” said David Palmer, a Redfin Premier real estate agent in Seattle.
Read More »Sticker Shock: Most Americans Underestimate Their City’s Home Prices
Nearly three out of four polled underestimate the housing prices in their city, with residents of the Bay Area ranking the most property-value intuitive and those from the Windy City ranking the least.
Read More »Ranking the Best U.S. Cities for Tech Workers
As the world’s tech hotspots expand outside the walls of Silicon Valley, Rent.com examined the cities where brilliant minds are converging and where startups are blossoming into tech giants.
Read More »2024 Brightens for Homebuyers
According to a new Bright MLS Forecast, a slowdown in price growth and reduction in mortgage rates should boost the housing market over the next 12 months.
Read More »Affordability Drove Migration in 2023
A Zillow study of United Van Lines data shows that people relocated to metros that were $7,500 less expensive in 2023, with Charlotte, Providence, and Indianapolis reporting the highest net in-migration among the nation’s 50 largest markets.
Read More »Overcoming Homebuying Hurdles
Millennials polled in a recent survey noted that the current rate environment has deterred their purchase plans, and three out of four feel the market may get worse before it improves.
Read More »Kasper Steps Down as NAR President
Citing personal reasons, Tracy Kasper has informed the leadership team of the National Association of Realtors that she is stepping aside, to be replaced immediately by President-Elect Kevin Sears.
Read More »Credit Availability Falls to Decade-Plus Low
“Credit availability declined in December to the lowest level since 2012, as ongoing industry consolidation is resulting in more loan programs being removed from the marketplace,” said Joel Kan, MBA’s VP and Deputy Chief Economist.
Read More »Uptick in Housing Supply Pushing Rents Downward
Renters nationwide are catching a slight break in their monthly payments, as Redfin data shows asking rents dropped for the third straight month in December.
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