Mortgage rates jumped 23 basis points week-over-week, hitting a high mark last seen in late 2008, as heightened inflationary concerns are pushing more prospective buyers back to the sidelines.
Read More »Post-Summer Slowdown? Homes Selling for Less Than Asking
For the first time since the housing market picked up after the pandemic, Redfin has reported that the average home has sold for less than its listing price ...
Read More »California Homes Selling Six Figures Above Asking Price
According to a new report from Redfin, some 5,897 homes nationwide sold for at least $100,000 over asking price at the beginning of 2022, up from 2,241 compared ...
Read More »Home Competition Declines for Fourth Consecutive Month
Homebuyers looking to stay within their budget should find themselves with a bit more breathing room as the number of people paying more than the list price for their home declines to 40.9% of buyers.
Read More »Supply Imbalance Forces Rise in List Prices
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.
Read More »Home Sellers Continue to Land Record Profits
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.
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