Beware the Ides of April—unless it’s news you seek. Because we have plenty of housing market reports below to slake your thirst.
Tag: Daryl Fairweather
Housing Market Roundup Apr. 9, 2021: Remote Work Drives Demand; Where Home Price Appreciation Outpaces Earnings
Here’s a quick summary of some housing reports that came across the MBA NewsLink desk this week:
Redfin: Bidding-War Rate Intensifies as Housing Shortage Fuels Fierce Competition
Redfin, Seattle, reported nationwide, 60.9% of home offers written by Redfin agents faced bidding wars in February, up from a revised rate of 59.3% in January, the 10th-straight month in which more than half of offers encountered competition.
Housing Market Roundup
Among the many housing reports that came across our desk this week: Genworth Mortgage Insurance said 2020 was the “best year on record” for first-time home buyers; Radian said February home prices accelerated; Black Knight reported mortgage delinquencies rose for the first time in nine months; and Redfin said the home-buying process is becoming a headache for many consumers.
Despite Home-Equity Uptick, Black American Median Home Values Lag Behind
Despite promising data showing substantial gains in home equity, Black Americans still lag well behind other demographic cohorts, according to a new report from Redfin, Seattle.
Reports Cite Progress—and Work to Do—for Female/Minority Home Buyers
Two reports illustrate both the progress made in lending to women and minorities and the challenges lenders continue to face in expanding minority homeownership.
2021 Housing Market ‘Red Hot’
The past year has been like no other, housing-wise. Near-record-low interest rates, tight housing supplies and greater flexibility in where one lives have pushed a normally predictable housing cycle into uncharted territory, as three new housing reports show.
Housing Market Roundup
Here’s a quick-hit summary of several housing and housing finance reports released over the past several days:
Record-Low Inventories Drive Record-Low Contract Periods
With record-low housing inventories and sharply increasing home prices, what else could happen? How about record-low contract periods, according to both Redfin, Seattle, and Zillow, Seattle.
Housing Market Roundup, Jan. 4, 2021
We hope you had an enjoyable holiday break. Here is a summary of some reports that came out over the holidays: