House hunters are creeping back into the market, according to Redfin’s Homebuyer Demand Index, which showed that while the share of potential homebuyers touring homes increased in January, those numbers haven't necessarily translated to more sales.
Read More »Rise in Sellers Boosts January Housing Inventory
Realtor.com's latest market report showed that more sellers were active in January, improving the share of homes for sale. However, newly listed homes still remain short of pre-pandemic levels.
Read More »Housing Shortage, Affordability Challenges Hindering Buyers
In a new report, experts from the Joint Center for Housing Studies revealed some of the primary factors contributing to nation's housing shortage.
Read More »Single American Homeowners Becoming More Prominent in 2024
No partner? No problem. A new survey from Pennymac revealed that while down payments are more expensive for single Americans buying a home, more than half of respondents believe waiting to get married or a significant other to buy a home is and outdated idea.
Read More »More Than Half of Americans Feel Homeownership Is Unattainable
A new survey from Home Bay takes the pulse of how Americans feel about homeownership—and how far out of reach many feel it may be.
Read More »Home Affordability Got a Boost in Time for Christmas
“Homebuyer affordability improved for the second consecutive month in December as interest rates declined significantly from recent highs,” said Edward Seiler, MBA’s Associate VP of Housing Economics and Executive Director for the Research Institute for Housing America. Here’s what to expect as we approach spring.
Read More »Inclement Weather Impacting U.S. Homebuying Activity
As inventory remains alarmingly low, home prices are also rising in parts of the U.S., with some potential buyers being hampered by harsh weather. But in a new report, Redfin agents say that “serious buyers are finding a way to see desirable homes,” and demand is picking up in warmer regions.
Read More »1 in 3 Sellers Are Relocating for More Spacious Homes
According to a new Redfin survey, the most common reason home sellers are relocating is the desire for more space, followed by proximity to family and a lower cost of living. Click here to see why sellers are choosing to move despite record-high mortgage rates and an increasing lack of inventory.
Read More »Where Will Mortgage Rates Be at the End of 2023?
As the average 30-year fixed mortgage rate nears 8%, new commentary from First American Chief Economist Mark Fleming details the predictions of where mortgage rates will end up throughout the remainder of the year.
Read More »Pending Home Sales Improve Over Recent Lows
“Fading recession fears and the prospect of further home price increases have brought some house hunters off the sidelines, but for the most part, buyers remain hesitant to jump into the market because their buying power is so much lower than it was a year ago,” said Redfin Chief Economist Daryl Fairweather.
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