Real Estate Markets & Economy
The number of sales involving higher-end homes rose by 26% year over year, outpacing the less expensive end of the market, according to a new analysis by Redfin
This is the third month in a row that home prices across the country have seen double-digit annual growth
Residential construction spending continued to grow in April, rising 1.3% month over month for new single-family builds, according to report from the US Census Bureau
Pending sales numbers are one of the most ubiquitous forms of data in real estate. They have their limits, but are also key to making sense of the housing business
Continued inventory shortages and heightened buyer demand led to a red-hot May where nearly 60% of homes went under contract in 2 weeks
Post-COVID buyer needs are changing, creating new opportunities for agents who are willing to specialize. What segments stand to gain in the new normal?
Support builds at the Fed to at least begin discussions on when to taper mortgage bond purchases, which have kept have kept long-term interest rates low
Inventory can be found anywhere — real estate agents just have to get creative and put a little legwork into unearthing it
In a reversal from the previous month, pending-home sales decreased in all regions except the Midwest, which saw gains of 3.5% from March to April
The biggest monthly move since 2013, a four-point drop in average FICO scores from March to April, is confined to borrowers refinancing existing loans
Requests to refinance dip as interest rates inch up again
Opinion
Windermere Chief Economist Matthew Gardner dives deeper into the timeline of events that led to the 2007 crash, comparing then and now. Here's why he speculates there's no real reason to expect a widespread, systematic decline in home prices in the foreseeable future
Commissions are still king, but more and more agents are looking for alternative revenue streams in the form of stocks and profit sharing
The Redfin CEO's latest Twitter thread reveals how far buyers are willing to go to win a home, including offering to name their child after a seller
Boise, Idaho, experienced the steepest price hikes in the country at 28.2%, according to the Federal Housing Finance Agency House Price Index released Tuesday
The decline follows a record month for new home sales, when they hit a 15-year high of more than 1 million in March, according to new data from the US Census Bureau
Home prices rose 13.2%, according to the S&P/Case-Shiller US National Home Price Index