About 60,000 home-purchase agreements were canceled in June 2022, or about 14.9% of all homes that went under contract throughout the month, according to a new report from Redfin
Opinion
A market shift is a perfect time to revisit your communication and best practices so that you can provide the best possible client service
Rising rates took their toll not only on refinancing but on homebuyer demand for purchase loans in June, according to an analysis of rate lock data released Monday by Black Knight
Fannie Mae finds 81% of Americans think the economy is on the wrong track, but the share of consumers who think it's a good time to buy ticked up in June
In parts of the country, buyers are backing out of contracts for new homes at rates not seen since the shock of the pandemic first set in during March of 2020
Fears of impending recession and a spate of prominent layoff announcements put only a moderate damper on real estate hiring last month, according to the US Bureau of Labor Statistics
Opinion
As the market shifts, the reemergence of contingent transactions and contingency clauses can help you gauge the balance of power
Opinion
The changing demographics of our nation require the real estate industry to continue to learn and welcome all people in our changing American population
Failures raise questions about the viability of a small but growing corner of the mortgage business that largely serves self-employed borrowers
Opinion
Don't be discouraged if your newly retired homebuyer clients are taking their time. These clients know what they want and are willing to wait for the perfect home
Although fears of a recession are bringing mortgage rates down, would-be homebuyers aren't rushing to apply for loans, according to a weekly survey of lenders
Although inventory shortages are starting to ease, falling sales are driving the trend as homes are less affordable then they've been since the mid-1980s
The vast majority of recently purchased vacation homes are exposed to risk from storms and heat. Floods are an increasing concern
Opinion
Does your pipeline feel frozen? These 7 proven referral source strategies are certain to put some heat back into those prospecting efforts
Opinion
To keep the American experiment vital and vibrant, we need buy-in from folks who are getting overlooked in the current market
The typical asking price for a home on the market took a modest downward turn in late May and early June, a sign of a softening market