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.
Read More »Prices Rise as the Nation’s Housing Supply Tightens
According to a new report from Redfin, the seasonally-adjusted number of homes for sale fell 18% year-over-year in November to an all-time low. This lack of the nation's ...
Read More »Inflation Reigns Over Rental Market
Many Americans are seeking rentals instead of purchases after being shut out of the for-sale market, leading to a rise in both demand and prices.
Read More »U.S. Home Prices Inch Closer to Record Highs
The nation’s housing inventory dropped for the 39th consecutive week, driving prices further skyward as demand continues to outpace the nation’s supply.
Read More »Mortgage Applications Decline Week-Over-Week
After showing signs of gains, mortgage application volume fell this week, led by a slight drop-off in refi volume.
Read More »Remote Work Shifts Buying Habits in 2021
As workers increasingly can work online, people have fled the cities—and set a number of housing market records along the way.
Read More »The Week Ahead: How Will the Housing Market Exit 2021?
HUD and the Census Bureau are set to release their new residential construction data, a gauge of how the market will close out Q4 as the supply/demand struggle continues.
Read More »Falling Rates Spark Run on Refis
Overall mortgage application volume is on the rise, and with rates just above the 3% mark, refinances led purchase apps in a market still hamstrung by supply concerns.
Read More »November Median Home Sale Price Reaches New High
If you thought the housing supply hit rock bottom in February, you thought wrong. According to a new report from Redfin, the number of homes available for sale fell by another 38,000 units finding ...
Read More »Refi Interest Wanes as Rates Begin to Rise
As mortgage rates begin to ascend, overall mortgage purchase and refinance application volume has begun to tail off.
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