Tag Archives: Redfin

As mortgage rates jumped back well above the 5%-mark last week, the MBA reports overall mortgage app volume falling 2.3% week-over-week, crashing to lows last seen more than two decades ago.

People are leaving high-cost cities on the coasts in droves, seeking out warmer climates and cheaper housing. Here’s what the data reveals.

Now recording its sixth month of decline, homebuyer competition has now fallen to levels seen during the initial throes of the pandemic.  According to Redfin, 44.3% of home ...

A market reset may be underway, as fixed-rate mortgages fell just below 5% for the first time since April 7, continuing a trend of instability amid inflationary pressures and a slowdown in economic growth.

Since mortgage rates fell from their June highs, Redfin reports online real estate searches and home tours have ticked up and/or stabilized.

In anticipation of another rate hike by the Federal Reserve, mortgage rates retreated downward this week, as purchase demand continued to fall, as the prospect of a recession continues to loom.

It’s no secret that the pandemic threw a wrench in the housing market upending traditional moving and migration patterns as those with the means fled crowded urban areas ...

New data from Redfin recently revealed that buyers are seeking out less expensive areas like Tampa and San Antonio due to the surging cost of housing and other goods, limiting their ability to purchase homes in many U.S. cities.

As costs continue to rise and buyers are priced out of their local market, Redfin has found that the length of time a home is on the market ...

With the Federal Reserve expected to take further action to address continued inflationary concerns, mortgage rates rose for the second consecutive week amidst softening market demand.