Iran deal oil prices
Find out what the latest news is telling your mortgage pipeline
by Bernice Ross Jun 17
NAR thought home sales would spike this year. Not anymore, thanks to volatile mortgage rates
NAR will revise its bullish 14% sales jump as a result of market reaction to Trump's war in Iran
by Taylor Anderson Apr 3
Anxiety over mortgage rates, rent and home prices begins to mount
Inflation expectations surged after President Donald Trump announced plans to impose tariffs on goods from China, Canada and Mexico, a new University of Michigan survey of consumers finds
by Matt Carter Feb 10
US housing turnover rate hits 30-year low as lock-in effect lingers
In the first 8 months of 2024, only 25 out of every 1,000 US homes changed ownership, marking the lowest housing turnover rate since 1994, according to an analysis by Redfin released Monday
by Richelle Hammiel Sep 30
Redfin launches new housing price tracker index
The tool is described in an announcement from the brokerage as similar to the Case-Shiller Home Price Index, but with more real-time and metro-level data
by Ben Verde Nov 28
Home prices climb higher for 7th straight month, led by Detroit
National home prices climbed 3.9% from a year earlier in September and were up 0.7% from the previous month. Detroit was the market with the highest price growth, followed by San Diego
by Ben Verde Nov 28
Housing prices peaked for 6th straight month in September
Home prices increased 0.7% between August and September of 2023, and were up 6.7% annually, according to a new report
by Ben Verde Oct 16
A recession is looming. How will it affect real estate?
Opinion
The bad news is that a recession is on the horizon. The good news? People will move anyway, driven by a host of other factors
by Chris Drayer May 12
Steady home-price growth to resume in 2024, experts predict
Price growth will pick back up in 2024 and hit a rate of 3.5 percent annual growth every year through 2027, according to a panel of housing experts surveyed by Zillow and Pulsenomics
by Ben Verde Mar 2
Costly housing spurred California's 500,000-person pandemic exit
The state's population exodus was second only to New York, which lost 15,000 more people. The sky-high cost of housing was the residents' primary reason for departure
by Lillian Dickerson Feb 21
US home prices slip for fifth month as market bottom comes into view
The Case-Schiller index posted a 7.7% annual gain in home prices — down from a 9.2% gain in October — while the FHFA index showed a 0.1% decline in prices between October and November
by Ben Verde Jan 31
Redfin's Glenn Kelman has a theory on why housing prices are plunging
Investors, including iBuyers, that entered the housing market in 2020 and 2021 are at least partly to blame for the dramatic price correction playing out in 2022, Kelman said in a new interview
by Ben Verde Nov 1
Prices and rates are sky high! But what if my client NEEDS to move?
Despite mortgage rates near 7% and generationally high inflation, thousands of people still need to move in the next year and need help in navigating homebuying in the pricy market
by Ben Verde Oct 27
Homebuyers in these US cities are backing out of deals at a higher rate
Phoenix, Las Vegas, Tampa and Austin attracted homebuyers at a higher rate during the height of the pandemic. But according to Redfin, those same Sun Belt cities are now cooling the fastest
by Ben Verde Sep 26
Homebuyers with lower credit scores pay hundreds more: Study
The homebuyers with 'fair' credit scores can pay up to $288 more per month than those with 'excellent' scores, according to a new study by Zillow
by Ben Verde Jul 28