Google searches for 'housing bubble' have been spiking since March
Google Trends experienced a spike in searches for the term 'housing bubble' earlier this spring, and it hasn't fully returned to normal levels, hinting that the topic is at least on a lot of minds
by Jim Dalrymple II May 23
An image of a bear and bull to represent economic resources for real estate agents.
Opinion
Want to increase your economic and finance IQ? 9 ways to stay informed every day
by Christy Murdock May 21
Skyrocketing home prices diminish rental returns: Report
The report found that three-quarters of counties where median home prices exceeded $250,000 saw declines in rental yields
by Ben Verde May 20
5 practices for sustaining your business through any market
Opinion
Although the circumstances of today's real estate market may be distinct to the present moment, as seasoned professionals, we've navigated challenging markets before and come out the other side
by Anthony Hitt May 20
Home sales, homebuilding headed for a slowdown, Fannie Mae says
Not until next year do Fannie Mae's Economic and Strategic Research Group economists expect to see a ‘a large deceleration in home price growth,’ with some regions likely to see price declines
by Matt Carter May 19
Buyers are still fighting hard, despite costly home payments
The monthly mortgage payment on a typical home is more than 50% pricier than it would have been a year ago, according to Zillow's research team, yet competition remains fierce
by Daniel Houston May 19
What's next after housing cools down? This economist has an idea
Mortgage rates are up, and demand for homes is edging down. Redfin Chief Economist Daryl Fairweather laid out a possible scenario of what the months ahead might look like at Connect
by Daniel Houston May 19
Existing-home sales dip for third month as buyers say 'No thanks'
Existing-home sales decreased by 2.4% from March and 5.9% from the year before as declining affordability continued to put off homebuyers, according to the National Association of Realtors
by Lillian Dickerson May 19
Homebuyers descend upon a key battleground: the suburbs
The pandemic-era home market has been marked by frenzied competition among buyers. But one arena in particular has been hardest-fought
by Daniel Houston May 18
Competition declines for second straight month, report finds
Just 60.7% of home offers crafted by Redfin agents encountered competition in April — the lowest level since March 2021
by Ben Verde May 18
Pacaso responds to backlash with first-ever economic impact report
Almost a year after streamlining its buy box to avoid median-priced homes, co-ownership platform Pacaso claims it has had a net positive impact on the destinations it operates in
by Marian McPherson May 18
Construction starts dip as mortgage rates surged in April
The slowdown in construction activity comes as the average for a 30-year loan rose to 5.3% last week, up from 2.49% a year ago, according to new data released by the US Census Bureau
by Ben Verde May 18
Homebuyer mortgage demand falls even as rates ease from 2022 highs
Economic uncertainty and stock market volatility may have helped drive 12% decline in prospective homebuyers’ purchase mortgage applications, delaying home searches
by Matt Carter May 18
Black homeownership hasn't slipped, but vast gulf persists
In the first quarter of 2022, just under 45% of Black families owned their home, compared to 74% of white families, according to a Redfin analysis of US Census Bureau data released Tuesday
by Daniel Houston May 17
Biden administration unveils 5-year plan to close housing supply gap
The plan focuses on the federally funded construction of hundreds of thousands of affordable units, the loosening of restrictive zoning and the introduction of new federal financing options
by Ben Verde May 17
Builder confidence hits lowest level since June 2020
A decline in consumer demand amid rising interest rates, increases in materials costs and home price growth led builder confidence to drop 8 points to 69 in May, according to the NAHB
by Lillian Dickerson May 17