Metros such as Phoenix, Tampa and Atlanta remain relatively affordable, as more and more are migrating to these Sun Belt areas along with a rise in inflation.
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 »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 »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 »Limited Options Speeding Up Home Sales
Homes are selling as quickly as listed, as nearly 60% of homes that went under contract sold within two weeks of being listed in February.
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 »Refi Activity Hits 20-Month Low
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.
Read More »Homes Selling at Faster Pace This Fall
Homebuyer demand has been outpacing supply with mortgage rates creeping upward, with demand growing 15 times faster than supply since 2019.
Read More »Remote Work Drives Demand for Vacation Homes
Demand for vacation homes swelled during the coronavirus pandemic—surging as much as 172% in April—as many sought escape from cramped city life amid lockdown restrictions.
Read More »Soaring Prices Force Prospective Vacation-Home Buyers to Reconsider
After nearly a year of surging activity, interest in vacation and second homes has tailed off for the second consecutive month, falling 21% YoY in July.
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