Housing supply fell to a new low in December 2021, fueling a 3.6% month-over-month drop in home sales, severely affecting housing demands.
Read More »Crypto Grows in Popularity to Fund Down Payments
Millennials own more crypto than other generation, and many are cashing in on the virtual currency as a means to pay for a down payment on their new home.
Read More »How Homebuyers Are Gauging When to Purchase
A new report examines the factors Americans are figuring into their homebuying strategies as the housing market steadies.
Read More »2022 Kicks Off With Rise in Mortgage Rates
Mortgage rates hit levels last seen in May 2020 to kick off the new year, with affordability remaining a hurdle faced by many first-time buyers due to record-high prices.
Read More »Homes Selling Above Listing Price, New Listings Decrease
Homebuyers who purchased homes over the holidays paid high prices due to a surge in demand and an ongoing supply shortage.
Read More »Mortgage App Volume Slides to Close 2021
Continued supply concerns have forced more to reconsider their home purchases, as the year closed out with a decline in overall purchase apps.
Read More »Pending Home Sales Slide 2.2% in November
Low housing supply and rising prices sent pending sales downward as contract signings dropped in all regions of the nation.
Read More »Inflation Impeding Prospective Home Buyers and Sellers
A new report from Redfin has found that nearly 10% of survey respondents are cancelling their plans to buy or sell a home due to inflation.
Read More »Is the Home Buying Well Running Dry?
A new Redfin report has found that the nation’s supply of homes has dipped to a new low, as sales prices climb to all-time high of $360,500.
Read More »Homebuyer Competition Drops to 12-Month Low
Despite an overall decline in buyer competition, populous cities like Richmond and Salt Lake City have had the highest bidding-war rates within the housing market.
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