Home Sellers Cutting Prices at Record Rate as Buyer’s Market Intensifies, Per Redfin Study
A record share of home sellers are slashing prices as the housing market increasingly favors buyers, according to new analysis ...
Tag: Housing Affordability
Rates Drop Again but Economists Say Momentum Depends on Ceasefire
Economists continue to be cautious about the direction of mortgage rates, saying the spring market outlook remains unclear and further ...
Dip in Rates Supports Home-Purchase Application Activity Uptick
Indexes tracking home-purchase and refinance application activity both saw increases this week, supported by a 9-basis-point decrease in mortgage rates ...
The Upsizing Question: How Does Rate Lock Impact Move-Up Transactions?
The rate lock-in effect has been a concern on the minds of many in real estate over recent years as ...
‘Constrained’ Inventory Shows Year-Over-Year Improvement, Despite a Dip in Sales
With geopolitical tensions still looming over the housing market (and the economy), the latest existing-home sales data from the National ...
Rates Ease Following Mideast Ceasefire
‘In a holding pattern’ is how economists are describing the spring market moving into April, with more policy stability and ...
‘Frozen Out’: Refinancers Retreat as Rates Rise
Data tracking home purchase and refinance applications showed decreases in both indexes again this week in the wake of ongoing ...
Econ Review: A Look at March’s Key Market Data
Editor’s note: Econ Review is a roundup of the month’s housing and economic market data reports. The housing market is ...
Mortgage Rates Continue to Climb in ‘Complicated Intersection’ of Geopolitics and Economic Policy
The average 30-year fixed mortgage rate increased for the fifth consecutive week, rising to 6.46% as the ongoing war in ...
Rising Rates Result in Mortgage Application Reversal
With mortgage rates climbing to their highest point since August recently, the role of steadily increasing home purchase application and ...
7 Potential Under-the-Radar Issues That Could Derail a Deal
When clients buy a home, under-the-radar issues often involve factors beyond cosmetic appeal, which can lead to significant financial and legal problems down the line. Read more.
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