After 3 straight weeks of declines in mortgage applications, demand for purchase loans remains at the lowest level since 1995 for the 2nd week in a row
Migratory waves over the past 3 years due to the pandemic have caused homeownership tenure to decline modestly, but an uptick is expected thanks to a rise in mortgage rates, Redfin data shows
by Ben Verde Mar 1
As companies report their Q4 and full-year earnings, industry-watchers read the tea leaves for indications of what’s working now — and what’s likely to happen next
by coalesce_dev Mar 1
A highly livable city with space to spread out suddenly becomes attractive to wealthy, out-of-state buyers who can now work remotely. What will happen to the market in 2023
by Eddison Lim Jan 30
In its latest study, the National Association of Realtors explained how discrimination, income inequality and skyrocketing housing costs are keeping Black Americans behind
by Marian McPherson Jan 29
CoStar Group, RE/MAX and Offerpad posted earnings reports this week, but news trickled down from all corners of the real estate industry. Test your knowledge of the biggest stories of the week TEST_PG_DISABLED
by Inman Jan 28
70% of home offers handled by Redfin agents faced bidding wars, up from 67.1% in December 2021 and 60% in January 2021, the highest rate since Redfin began tracking the data in April 2020
by Ben Verde Jan 25
Prices rose 18.8% year over year in 2021, the biggest uptick in the 34-year history of the S&P CoreLogic Case-Shiller Index and a giant leap from 2020 when home prices increased 10.4%
by Ben Verde Dec 22
As rates keep rising, requests to refinance accounted for just half of mortgage applications, down from 68% a year ago
by Matt Carter Feb 23
The commercial real estate giant earned $75 million from its residential ventures, according to a fourth-quarter earnings call, suggesting its rivalry with established players will continue
by Jim Dalrymple II Feb 22
Houses sold for 3.3% more in the fourth quarter of 2021 than they did in the third quarter, even as the pace of growth slowed again, according to the latest House Price Index report from the FHFA
by Daniel Houston Feb 22
In a 2.5-hour opening address at Keller Williams' 2022 Family Reunion, Gary Keller said agents can navigate the 2022 housing market with good data and excellent service
by Marian McPherson Feb 20
A CoreLogic report found that 14.5M properties were subject to natural disasters that caused $56.9B in property damage last year. These events can have long-term impacts on communities
by Matt Carter Feb 18
Sales of existing homes rose to a seasonally adjusted rate of 6.5M, an increase of 6.5% from December, according to sales data for January from the National Association of Realtors
by Ben Verde Feb 18
57% of homes that went under contract during the four week period ending Feb. 13 did so within just 2 weeks of being listed — an increase of 6% from a year ago, according to new Redfin data
by Ben Verde Feb 18