With mortgage rates jumping for four consecutive weeks, overall mortgage application volume continues to suffer, dropping 6.3% over the previous week.
Read More »Inventory Remains Near Record Lows, But Is Relief in Sight?
Another day, another housing record broken. Realtor.com has released new information showing that home prices have hit another record high—$405,000—for the first time in March 2022. But as ...
Read More »Hike in Rates Drives Down Mortgage Apps
Overall purchase and refi application volume has dropped week-over-week, as rates jumped following a three-week stretch of stability.
Read More »First-Time Buyers Weigh Their Options
A new study examines ideal destinations for first-time buyers, as they consider space, location, and overall pricing.
Read More »Decline in Listings Stunts Monthly Home Sales Numbers
New listings of homes for sale fell 9% from a year earlier, and closed home sales were down 5%.
Read More »Median Home Sale Prices Eclipse $360K
Redfin reports that the national median home price is up 16% year-over-year, with home sellers still very much in the driver's seat.
Read More »Active Listings Plummet to Historic Low
Active listings dropped by 33% year-over-year to a new all-time low, according to data released by Redfin for the four-week period ending January 10. Redfin determined there were ...
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