Economic uncertainty and a rise in Delta variant cases has kept mortgage rates low over the past month, with refinance volume wavering, yet continuing to outpace purchase apps.
Read More »Top Cities for Homeowning Teachers
Inland California offers teachers relatively high average salaries combined with lower house prices than other regions, according to a report from Redfin.com, thus, that part of the country is ...
Read More »More and More Flocking to the Sunshine State
Despite climate risk, more and more are flocking to Miami as the Sunshine State tops the list of popular migration destinations.
Read More »The Week Ahead: Are Home Prices Still Scaring Away Buyers?
NAR is set to release their latest analysis of pending home sales, as buyer interest is increasingly waning due to high asking prices.
Read More »Mortgage Rates Finding Stable Ground
While still below the 3% range, the window of opportunity for refis remains wide open; however, high asking prices are turning many away from the purchase market despite the record low rates.
Read More »Median Home Sale Prices Eclipse $360K
Redfin reports that the national median home price is up 16% year-over-year, with home sellers still very much in the driver's seat.
Read More »Mortgage Apps Rebound After Down Week
Rates below the 3% mark continue to feed the refi frenzy, as increases were found in both purchase apps and refinances over the previous week.
Read More »Existing-Home Sales Rise 2.0% in July
Rise in sales found in the luxury market, with first-time buyers still struggling to find affordable starter homes as options.
Read More »The Week Ahead: Relief in Store for Housing Supply?
An examination of existing-home sales by NAR will gauge the nation’s housing inventory, as high prices are forcing more to re-consider their purchase decisions.
Read More »Price Drops Indicate Increasing Buyer/Seller Balance
While the housing market will not return to a fully typical state anytime soon, it is "starting to trend in that direction," economists say.
Read More »