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 »Freddie Mac: Despite Rate Hike, Housing Market Stability Ahead?
Home purchase mortgage originations are anticipated to grow from $1.9 trillion in 2021 to $2.1 trillion in 2022, and $2.2 trillion in 2023, according to a new Freddie Mac forecast.
Read More »Are Bidding Wars Still a Thing?
While bidding wars reached a pandemic peak in April, 60.3% of all offers written by Redfin in October experienced a bidding war, down from the 60.4% in September. While the decrease in ...
Read More »Is Homebuyer Demand Keeping the Market Up?
In a time of the year when the market typically slows, a new report from Redfin found that 33% of homes sell within a week of hitting the market—a number ...
Read More »Recent Changes May Lessen Homebuyer Demand
The year 2016 was the best for home sales in a decade by many indicators. With some recent changes in the market, will this trend continue into next year?
Read More »Housing Demand Lowers Amid Buyer Disinterest & Price Limitations
As buyers reach their price limits and show less interest in homes, housing demand lowered for the fourth consecutive month. According to Redfin's Housing Demand Index, homebuyer activity fell 5 percentage points from 113 in June to 108 in July.
Read More »