June home sales see largest decline since 2012: Redfin
Homes also sold at their priciest and at their quickest pace on record during June, but Redfin said that sales pace and market competition have now likely peaked for 2021
by Lillian Dickerson Jul 15
'Summer swoon': Mortgage rates dip further in mid-July throughout US
The average interest rate on a 30-year fixed rate mortgage dipped further this week, according to data from Freddie Mac
by Daniel Houston Jul 15
Why baby boomers have such a huge influence on real estate trends
While one subset of baby boomers is flocking to the rental market, another is hesitant to sell
by Libertina Brandt Jul 14
Dip in rates boosts demand for mortgages
Applications for purchase loans and refinancing both up during holiday-shortened week
by Matt Carter Jul 14
Bidding wars begin to cool as more home inventory comes online
Buyer fatigue and a growing home inventory may have contributed to a reduction in bidding wars in June, according to Redfin agents
by Daniel Houston Jul 13
Hispanics most likely to get family help to buy a home: Redfin
52% of Hispanic homeowners said they lived with family or friends without paying rent to save for housing costs, according to a new report
by Andrea V. Brambila Jul 13
Delinquency rate hits lowest level seen in a year: CoreLogic
4.7% of mortgages were delinquent in April 2021, a significant drop from the start of the pandemic
Buyers could see more affordable homes in the next 6 months
A recent Homes.com survey found that most prospective sellers plan to list homes valued at less than $300K
by Andrea V. Brambila Jul 12
Exterior view of Custom styled home with manicured lawn and landscaping.
Rates on jumbo loans are currently lower than conventional mortgages, but could surge higher in the months ahead
by Matt Carter Jul 12
Developers are betting big on these 10 housing markets
A realtor.com study looked at the 100 largest US metros to find out where land prices have risen the most since the onset of the pandemic
by Libertina Brandt Jul 12
Even if homebuilders wanted to quit lumber, they foresee big hurdles
Lumber prices remain high, but builders say a host of factors prevents them from switching to other materials
by Daniel Houston Jul 12
Phoenix sees biggest housing shortage, NYC biggest surplus
A new report shows that cities in the South and West don't have enough housing, while expensive metros might have too much
by Jim Dalrymple II Jul 12
‘What am I supposed to do?’: As US ages in place, report hits a nerve
A New York Times story on baby boomers not selling their homes sparked an inter-generational dispute online, complete with accusations and existential dread
by Daniel Houston Jul 12
America's hottest neighborhoods: Midtown District in Oklahoma City, Oklahoma
Oklahoma City is experiencing a pandemic-induced real estate boom, with coastal buyers flocking to one of the city's most vibrant areas: Midtown. Here's what you need to know about OKC's hottest neighborhood.
by Marian McPherson Jul 12
Miami building tragedy may change condo market forever, agents say
The seemingly unprompted disaster has left many wondering what other secrets buildings may be hiding beneath the surface that could later lead to calamity. And some real estate agents say the consequences of the disaster may change the condominium market forever
Mortgage rates follow Treasury yields down
While rates are back down near historic lows, the economic recovery could push them back up in the months ahead
by Daniel Houston Jul 8