Tag Archives: Daryl Fairweather

Even with rates still below the 3% mark, purchase applications slid week-over-week, as affordability issues continue to factor into homebuyers’ decision-making process.

Both competition and the speed with which homes have been selling have passed their previous record-high peaks. However, most homes are still selling within two weeks and for more than list price.

An analysis has found that while asking prices remain high, the share of listings with price drops is rising steadily, and are headed toward pre-pandemic levels.

Even with a slight market cooldown, homes are still selling at all-times highs and in record time, as found by a new Redfin report.

Agents are reporting a market cooling with the onset of summer, yet bidding wars remain hot for the limited number of listings.

Economic recovery for wealthy Americans seems to be occurring at a more rapid clip, as a recent Redfin report finds a spike in the sale of higher-end homes.

Contrary to the fact that homes remain in demand, tight supply and a rise in listing prices are driving down mortgage application volume.

More demand for a diminishing supply continues to benefit home sellers nationwide as more and more are fighting for a smaller piece of the housing pie.

Low rates and tight inventory is equaling a greater return for sellers, as more homebuyers are dipping deeper into their pockets to land the home of their dreams.

In what Midwest market did the average home spend just four days on the market in April? Read on to find out.