Interest in second homes remains down for third consecutive month
Many buyers are still considering second-home purchases, but the number was down from last year's blistering levels, according to a report from Redfin on Wednesday
by Daniel Houston Sep 22
Pending-home sales see another monthly decline in January: NAR
The Pending Home Sales Index declined 2.8% from the previous month to 122.8, but was up 13% from the year before and marked an all-time high for January
by Lillian Dickerson Feb 25
Douglas Elliman launches agent influencer-assisted ad campaign
The brokerage is launching a new ad campaign starting on Wednesday with the help of its celebrity agents like Fredrik Eklund, The Altman Brothers and Tracy Tutor
by Lillian Dickerson Feb 24
Nearly 90% of metros see double-digit price gains in Q4: NAR
Home price growth was widespread during the fourth quarter of 2020 as mortgage rates and inventory levels both hit record lows, according to the National Association of Realtors
by Lillian Dickerson Feb 11
December home value growth shatters records: Zillow
Typical US home values rose 8.4% year over year to $266,104, the highest annual increase seen since January 2014, according to a new report from Zillow
by Lillian Dickerson Jan 22
2021 market will still be hot, but challenges lie ahead: HomeLight
Over 1,000 HomeLight agents recently surveyed by the referral platform expressed optimism about a hot market in the year ahead, but noted some challenges remain
by Lillian Dickerson Jan 12
The home value gap between races is narrowing — slowly: Zillow
Although Black and Latinx home values are still lower overall, new data from Zillow shows the gap between these groups has decreased by about 4% since the Great Recession
The best month of the year to buy a home in 2020 was November
The median monthly mortgage payment in the US hit a low of $1,094 in November 2020, making it the best month out of the year to buy a home, according to a Redfin analysis
by Lillian Dickerson Dec 23
September was a record-breaking month for prices, sales and speed
Rising home prices, increasing sales and fewer days on market characterized a historic September in the United States, according to a report issued Monday by Redfin
by Lillian Dickerson Oct 19
Quarter of homebuyers are moving — and moving sooner than expected
Twenty-five percent of homebuyers reported the pandemic has caused them to move — or speed up their moving timeline, according to a survey conducted by Redfin
Median home sale price reaches all-time high
The median home sale price in the US rose by 2.8% from the previous year in June, marking an all-time high of $311,300, according to Redfin
by Lillian Dickerson Jul 20
More than half of homebuyers likely to buy a home within next year
53% of homebuyers say they now plan to buy a home within the next year as a result of factors surrounding the pandemic, according to online lending marketplace LendingTree
Economists say consumers should lock in low mortgage rates now
Mortgage rates reached the lowest point in 50 years last week, and one economist predicted they could plummet even more this week
by Patrick Kearns Mar 10
Homebuyers see fierce competition across the country
Low mortgage rates and a lack of inventory have created a highly competitive market. In San Jose, one homebuyer had to put 50% down and write a letter to the sellers in order to beat 24 other offers
by Lillian Dickerson Feb 24
Mortgage applications reach highest volume since 2013
The 5% gain in the Market Composite Index was due to strength on the refinancing side