Tag Archives: Redfin

The share of homes for sale with price drops jumped to a seven-month high of 16% during the four-week period as early-stage homebuying demand is on the decline.

According to a new report from Redfin, the typical homebuyer’s monthly mortgage payment jumped to 39%, — the largest year-over-year gain on record as the average 30-year-fixed rate remained at a 12-year high of 5.1%. “Rising mortgage rates are taking ...

It seems that rising interest rates and record-high home prices are finally starting to affect the market as fewer homes received competing bids in March than they did in February.  According to Redfin, an online real estate brokerage, 65 percent ...

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.

It seems that the Federal Emergency Management Agency Risk Rating 2.0, which is changing up where and how much people are being charged for flood insurance, is impacting Texas and Florida the hardest.  FEMA’s Risk Rating 2.0 raises flood insurance ...

The sale of new homes dipped in March with builder confidence diminishing, as builders continued to struggle to complete homes under construction due to a shortage of materials.

Increasing prices and pressures in the purchase market are creating more demand for rentals, pushing up rent prices to record levels.

The National Association of Realtors (NAR), among a group of 18 companies and organizations, is leading the charge against a recent court ruling that allows lawsuits to be brought against homeowners that use their own floor plan during the course ...

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 ...

It is no secret that the price of everything has been rising of late, and it seems that some of the pressure caused by inflation and rising interest rates is finally starting to trickle down to the housing market.  According ...