Investor market shares fell relative to the previous year from February to August 2023, but increased year-over-year by the end of Q3. However, how do these numbers fit into the big picture?
Read More »Dip in Rates Brings Resurgence in Bidding Wars
Redfin’s latest analysis of homebuyer trends has found that bidding wars are heating up as mortgage rates have dipped and the nation’s housing supply remains strained.
Read More »Homebuyers Exploring Different Options to Achieve American Dream
Homebuyers are adjusting their purchasing strategies in wake of current market conditions, according to a new survey from RE/MAX, that showed condos, fixer-uppers, and tiny homes are becoming popular trends among American homebuyers.
Read More »Pending Sales Push Past 8% in December
On a regional basis compared to one year ago, pending home sales decreased in the Northeast but improved in the Midwest, South, and West.
Read More »Rent Prices Decline for Eighth Consecutive Month
Great news for renters: rent prices are trending downwards to an average of $1,900 for a typical two-bedroom apartment.
Read More »Frozen Out: House-Hunters Stay Home in Face of Harsh Weather
According to Redfin's latest Housing Market Update, inclement weather that froze parts of the U.S. slowed overall homebuying activity recently. Conversely, agents in warmer regions report that buyers and sellers remain active, despite mortgage rates remaining in the high-6% range.
Read More »Reps. Lieu and Sherman Request HUD Policy Change to House Disabled Vets
In a letter to HUD Secretary Marcia L. Fudge, U.S. Reps. Ted W. Lieu and Brad Sherman are asking the Department to revise its policy to increase housing opportunities for homeless disabled veterans.
Read More »December Housing Trends: Positive Signs for 2024?
According to the RE/MAX National Housing Report, home sales dropped year-over-year in December, but experts project that with mortgage rates continuing their downward trend, homebuyers that have been priced out or pushed to the sidelines may begin to creep back into the market.
Read More »Snapshot: Mortgage Delinquencies Rise, Foreclosures Fall
Delinquencies were up moderately across the board, as inflows and rolls to later stages of delinquency rose, while cures from both early- and late-stage delinquency improved.
Read More »Commercial/Multifamily Borrowing and Lending Forecast Trends Towards Growth
The MBA has updated its commercial real estate forecast for 2024, as total commercial and multifamily mortgage borrowing and lending expected to rise 29% from 2023’s estimated total of $444 billion.
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