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Homebuyer Competition Falls to Early-Pandemic Levels

Now recording its sixth month of decline, homebuyer competition has now fallen to levels seen during the initial throes of the pandemic.  According to Redfin, 44.3% of home offers written by their agents faced competition in July 2022. This seasonally-adjusted ...

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Unexpected Lessons Learned From COVID-19 Data

The pandemic certainly tested the housing industry, but as Alex Kudman and Srijan Sareen of Enact Mortgage Insurance explain, the data collected provided what was needed to make the correct decisions to better serve borrowers undergoing hardships.

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Most Metro Areas Post Double-Digit Q2 Price Gains

Despite market influences that are pushing up mortgage rates and slumping home sales numbers during the second quarter of 2022, most metropolitan areas still saw double-digit annual price gains compared to the previous quarter.  This new information comes by way ...

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‘Stale’ Housing Inventory Rises in July

The share of U.S. homes that were listed for 30 days or longer without going under contract increased 12.5% in July from a year earlier, according to a new report from Redfin. the technology-powered real estate brokerage. In other words, ...

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