Red Bell Real Estate LLC, Wayne, Pa., reported multiple housing market records for 2021, including average sales price, days on market, median estimated home price and number of closed sales. But analysts cautioned signs of slowing could put a damper on 2022 results.
Tag: Red Bell Real Estate
Housing Market Roundup Nov. 5, 2021: Home Prices Ramp Up; Pressure on Margins; More Affordable Homes Available
Another end to the week; another flurry of economic and housing reports. Here’s a quick summary of what’s come across the MBA NewsLink desk:
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.
Home Prices Keep Going Up, Up, Up
A flurry of economic reports shows U.S. home price appreciation, triggered by low housing inventories, keep pushing toward—and beyond—double-digit percentage annual growth.
Radian: 2020 U.S. Home Prices ‘Bright Spot in a Dark Year’
Radian, Philadelphia, said performance of the U.S. residential real estate markets, and in particular home price appreciation, marks a bright spot in 2020.
Radian: U.S. Home Prices Continue to Rise Amid Housing Imbalances
Radian, Philadelphia, said after a strong finish to the first half of 2020, home prices across the United States continued to rise sharply, albeit at a slower pace in July from June.
Radian: U.S. Home Price Gains Slow in May
Radian Group, Philadelphia, said home prices across the United States rose at an annualized rate of 4.5 percent in May from April.
Housing Finance Roundup
This week has produced more housing finance reports than you can shake a stick at. Here’s a roundup and summary of what’s happening of reports from Ellie Mae; ATTOM Data Solutions; Redfin; Radian Inc.; TransUnion; Black Knight; Zillow; and PayNearMe.