Tag Archives: Redfin

An average-priced home now sells within 16 days, down by 12 days year-over-year, when it took about a month to sell the same home.

While the number of people looking to change metro areas has fallen over the last two quarters, it remains above pre-pandemic numbers.

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 ...

NAR reports that in all regions, contract signings decreased from the prior month, and from one year ago, as some potential buyers momentarily pause their home search heading into Q4.

With rates on the rise, a slight uptick in purchase apps compensated for a slide in refinance apps, which hit lows last seen in January 2020.

A new study found that 59% of home offers faced competition in September, the lowest level in nine months, amid a seasonal housing-market slowdown and an uptick in mortgage rates.

Fueled by the trajectory of both the economy and the pandemic, mortgage rates advanced upward this week; however, the housing market is expected to remain strong as 2021 comes to an end.

Homebuyer demand has been outpacing supply with mortgage rates creeping upward, with demand growing 15 times faster than supply since 2019.

With mortgage rates hitting near 18-month highs, a new report found a 6.3% slide in both purchase and refi apps week-over-week.

New listings of homes for sale fell 9% from a year earlier, and closed home sales were down 5%.