Builder confidence on the up and up
Nationwide builder sentiment rose by 1 point to 83 in April, according to the National Association of Home Builders/Wells Fargo Housing Market Index
Inventory insanity: When will this supply shortage end?
Today's extremes won't last forever, but there's no silver bullet to end the crisis, and it's likely shortages in some form will drag on for years
by Jim Dalrymple II Apr 15
Will rising mortgage rates affect appetite for homebuying?
Opinion
In short: Probably not. Vaccinations and stimulus measures are fueling optimism for an epic economic rebound, and there are other factors at play. Here is a look at how the housing market has fared over the past year and what to expect
by Kenon Chen Apr 15
These are the mortgage lenders that dominated refinances in 2020
Mortgage lenders saw record volume in 2020, with refinances leading the way. Here are the lenders that dominated refinances last year, according to the Mortgage Bankers Association
by Kelsey Ramírez Apr 14
64% of March home sales included bidding wars: Redfin
Redfin's latest market report reveals just how far buyers must go to secure a home. Single-family listings garnered the most bids followed by townhomes
by Marian McPherson Apr 14
Inventory insanity: What it's like being a homebuyer when there are no homes to buy
'It's always still a punch in the gut,' one would-be homebuyer recently said after losing one house after another to higher offers
by Jim Dalrymple II Apr 14
homeseller profits
As home prices surge and consumers recall the last time the housing market was this hot, it’s no wonder that fears of a housing crash have begun to surface
by Kelsey Ramírez Apr 13
Inventory insanity: The secret economic forces fueling the housing shortage
Many consumers may not realize it, but they're increasingly competing against institutional investors and contending with soaring building costs
by Jim Dalrymple II Apr 13
How Elon Musk's Starbase plans are influencing the Texas housing market
Agents in the southernmost tip of Texas, home to SpaceX's rocket production facility and launch site, are seeing buyers and investors flock to formerly sleepy towns
Inventory insanity: Notes from 'exhausted' agents on the front lines of a crazy market
'There is no middle class any more,' one industry leader said of working in real estate this year. 'You’re either crushing it or you're struggling'
by Jim Dalrymple II Apr 12
America's hottest neighborhoods: North Hills in Raleigh, North Carolina
A $1B Innovation District, a plethora of amenities and a new city plan have pushed Raleigh's North Hills to the top of buyers' lists.
by Marian McPherson Apr 12
Inventory insanity: Why are there no homes for sale in America?
Inventory has been tight for a long time now, but this spring agents across the country are seeing something different — and more difficult
by Jim Dalrymple II Apr 12
Borrowers locking in mortgages for second homes surged 128%
The annual rise in demand for second homes is nearly quadruple the 34% year-over-year gain for primary homes, according to a new report from Redfin
by Kelsey Ramírez Apr 8
Los Angeles developer Rick Caruso to accept bitcoin as rent
Billionaire Rick Caruso plans to roll out a variety of cryptocurrency programs for consumers, including a customer reward option and the ability to pay rent with bitcoin
by Jim Dalrymple II Apr 8
Mortgage rates reverse course, dropping for first time in 2 months
After 7 weeks of consecutive increases in mortgage rates, Freddie Mac's most recent survey shows a decrease, giving borrowers the chance to refinance
by Kelsey Ramírez Apr 8
1 in 7 homeowners considering selling within next 3 years
Of those not considering moving, 26% said they were concerned about their ability to find or afford a new home, according to a new survey from Zillow