Real Estate Markets & Economy
The 3D imaging company's shares debuted Friday at about $14.42 and ended the day around $14.20. The firm went public via a merger with a special acquisition company
The company will begin selling shares via a SPAC merger at a moment when interest in 3D tours is surging — and when more competitors are inching onto Matterport's turf
For any company attempting to generate profits from adjacent services, and there are a lot, mortgage remains hard. It is no panacea for profitability
Interest rates for a 15-year mortgage hit new all-time lows amid high sale prices and low inventory; rates for 30-year loans dipped as well
The median existing-home sales price rose 23.4% year over year, propelling the median price to $363,300, the highest on record, according to the National Association of Realtors
Investors purchased 67,943 US homes during the second quarter, for a total value of $48.5B, the highest figure on record, according to data released Thursday by Redfin
Delinquency rates are at the lowest level since the pandemic began, but borrower protections are lifting in September: Black Knight
A new Redfin report found that the median price of a condo hit an all-time high of $304,000 in June
Labor shortages, regulatory costs and high costs of materials continued to dampen builder confidence, but strong buyer demand helped moderately temper those challenges in July, according to a new report
The number of Redfin.com users who searched for a property outside of where they currently live rose to 31.1% during the second quarter, up from 27.6% a year earlier
Opinion
There is no doubt that the market is slowing. The big question is, 'Are we seeing the normal summer slowdown, or is this the long-anticipated shift?'
The increase in housing starts is a welcome gift, but experts say builders aren't yet betting recent improvements in materials costs are here to stay for the long term
Phoenix once again saw rent prices increase more than any other metro
The number of homes for sale rose in June for the second consecutive month but remained far from a full recovery to pre-pandemic levels
Fannie Mae economists warn rising rents and record home price appreciation could help fuel inflation
After 6 months of easing, credit availability tightened by 8.5% in June
As the official start to summer approaches, agents say the market is less chaotic, and more high-end luxury properties seem to be available and lingering on the market