According to a new report from Redfin, some 60% of homes that went under contract during the four-week period ending March 6 found a buyer within two weeks—an ...
Read More »More Buyers Securing Homes With Cash Offers
As demand continues to rise, January marked the most competitive month on record, with more than 30% of homes selling above list price last year.
Read More »After Week of Declines, Mortgage Rates Back on the Rise
Inflationary concerns and the Ukrainian conflict are factoring into mortgage rate volatility that is forecast to continue in the short-term.
Read More »Drop in Rates Drives Mortgage App Volume Upward
As the military conflict in Ukraine pushed U.S. Treasury yields lower, the MBA reports that purchase and refi application volume climbed week-over-week.
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 »Homeownership Tenure Increases Nearly 34%
According to a new report from Redfin, the typical American homeowner in 2021 had spent 13.2 years in their home—down slightly from the peak of 13.5 years in 2020, but ...
Read More »Purchase and Refi Apps Continue to Tumble
Overall mortgage volume tailed off slightly from last week’s totals, as climbing rates continue to dampen refi and purchase activity.
Read More »Home Buyers’ Desire to Relocate Reaches Record High
Experts predict the share of Americans relocating will continue to rise throughout 2022, as affordable metros are more attractive than ever.
Read More »New Listings Work to Keep Pace with Housing Demand
According to a new report from Redfin, the number of newly listed homes for sale during the four weeks ending February 20 was down just 2% year-over-year—the smallest ...
Read More »January Markets Most Competitive on Record
Redfin economists predict the 30-year fixed mortgage rate will reach 4.3% by the end of 2022, as the Federal Reserve raises interest rates to help alleviate inflation.
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