Tag Archives: Homebuyer Demand

In a new study from LendingTree, experts predict the average interest rates on 30-year fixed mortgages to be between 5.5% and 6.5% by the end of 2023.

Redfin reports that the luxury and investment home market has slid 38.1% year-over-year, due to lingering inflationary concerns, high interest rates, and fears of a recession.

Home sales showed no signs of stopping its recent descent in July 2022, as sales dropped to their lowest level since the beginning of the pandemic when the market was at a near standstill.  According to Redfin, home sales dropped ...

The Spring homebuying season started off strong, and home purchases show little sign of slowing, due to surging demand and low inventory. According to the annual Bank of America’s 2022 Homebuyer Insights Report, homes are being snatched off the market ...

Home prices nationwide rose nearly 20% in February, as buyers tried to get ahead of anticipated rate hikes, led by markets in the South and Southeast.

First American Financial Corporation released First American’s proprietary Potential Home Sales Model (PHSM) for March 2022, showing that potential existing-home sales decreased to a 5.97 million seasonally adjusted annualized rate (SAAR) — a 3.2% month-over-month decrease. The market potential for ...

Another day, another housing record broken. Realtor.com has released new information showing that home prices have hit another record high—$405,000—for the first time in March 2022.  But as prices rise, demand is beginning to moderate according to Realtor.com. In addition ...

In its Quarterly Forecast, Freddie Mac predicts that continued inventory issues will keep the housing market competitive in Q1.

While bidding wars reached a pandemic peak in April, 60.3% of all offers written by Redfin in October experienced a bidding war, down from the 60.4% in September.  While the decrease in bidding wars is meager, Redfin expected this trend to continue from September due ...

In a time of the year when the market typically slows, a new report from Redfin found that 33% of homes sell within a week of hitting the market—a number that has been on the rise for the last six weeks.  ...