Redfin reports that 2023 has begun with homes selling for nearly the same price as a year earlier, with nationwide prices up just 0.5% year-over-year.
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Home Prices Back Away From All-Time High
Affordability issues are officially taking a toll on the market as the average asking price of a newly listed home is off 1.5% from its peak in spring in ...
Read More »Is This the Beginning of a Buyer’s Market?
Homebuyers are beginning to take back the wheel from homesellers, who have mostly prevailed over the last two years, as Redfin reports that more sellers are dropping the ...
Read More »Rate Hikes Continue to Drive Down Mortgage App Volume
With interest by prospective buyers waning, mortgage application volume fell 11% week-over-week, as economic volatility has forced some households to delay their home search.
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