Rates for 15-year mortgages continue slow rise from prior lows
Mortgage rates have remained largely unchanged in recent weeks, aside from a gradual rise in rates for 15-year loans
by Daniel Houston Sep 9
Miami neck and neck with pricey California metros as home prices surge
Another year of home price growth has pushed some metros to extremes, including Miami, where income growth hasn't been able to keep up, according to new data from OJO Labs
by Daniel Houston Sep 9
Despite cooling housing market, pending sales continue to climb
During the 4-week period ending Sept. 5, pending sales rose 6% from the year before, according to a report released Wednesday by Redfin
Lenders less certain about future growth in purchase mortgages
Lenders are still anticipating a shift in mortgage lending from refinancing to purchase loans, but it may not be as sudden as previously anticipated
by Matt Carter Sep 9
Demand for mortgages retreats to July levels
In what could be a preview of what's in store if mortgage rates continue to rise, demand for purchase loans remains subdued compared to a year ago, according to the MBA
by Matt Carter Sep 8
IBuyers on track to have record-setting sales in Q3
A new report from Zillow found that the nation's largest iBuyers reached a 1 percent market share in the second quarter of 2021, setting the stage for record-breaking sales in Q3
by Marian McPherson Sep 7
Housing insecurity ticks down in most states, but some worse off
Nationwide, the share of households behind on payments and worried about eviction or foreclosure has barely changed from a year ago, according to Household Pulse Survey
by Daniel Houston Sep 7
Home price growth soars to an all-time high in July
Home price growth in July soared a record-shattering 18% year over year, the highest price appreciation recorded since CoreLogic began tracking the metric in 1976
Ida flooding could jeopardize 47,000 home sales in NY and NJ
Flash floods in New York and New Jersey in the aftermath of Hurricane Ida could delay or derail as many as 47,000 pending real estate transactions valued at more than $19.4B
by Matt Carter Sep 7
Homebuyer sentiment ticks up for the first time since March
Most consumers continue to report that it’s a good time to sell a home — but a bad time to buy — and they frequently cite high prices and a lack of supply as their primary rationale
by Matt Carter Sep 7
America's hottest neighborhoods: Milwaukee's Northpoint community
For higher-end buyers, this lakeside neighborhood boasts unparalleled access to both the shoreline and Milwaukee city life
by Daniel Houston Sep 7
Overhead view of design team having project meeting in office
An underwhelming jobs report held optimism for real estate firms, which hired faster in August as the Delta variant slowed recovery elsewhere
by Daniel Houston Sep 3
Offerpad enters the NY Stock Exchange with a $2.7B valuation
The iBuyer went public a day after merging with the Spencer Rascoff-led Supernova Partners Acquisition Company. The company will now be known as 'Offerpad Solutions'
Home inventory healthier in cities than suburbs, where buyers spar
Suburbs have made up a growing share of Zillow's top areas by views per listing — a product of the pandemic's effect on inventory, according to a new analysis by the search portal
by Daniel Houston Sep 3
The homebuyer in 2021? Middle-aged, married and college educated
Zillow Group's 2021 Consumer Housing Trends Report breaks down what buyers looked like in 2021, what they wanted most and how that compared to previous years
Mortgage rates cap off their most stable month of 2021 so far
Rates for 30-year mortgages barely budged over the last month, even as lenders sifted through new statements from Federal Reserve officials
by Daniel Houston Sep 2