Redfin, Seattle, reported that the drop in home purchases by investors outpaced the second-quarter drop in overall home sales. Investor home purchases fell 45% from last year, compared with an overall market drop of 31%.
Tag: Redfin

Real Estate Investors Buying 45% Fewer Homes Than Last Year, Redfin Finds
Redfin, Seattle, reported that the drop in home purchases by investors outpaced the second-quarter drop in overall home sales. Investor home purchases fell 45% from last year, compared with an overall market drop of 31%.

Redfin: New Builds Make Up More Than 30% of Single-Family Market
Redfin, Seattle, reported that newly built properties made up 31.4% of single-family homes on the market in the second quarter, due in large part to continued supply constraints.

Redfin: New Builds Make Up More Than 30% of Single-Family Market
Redfin, Seattle, reported that newly built properties made up 31.4% of single-family homes on the market in the second quarter, due in large part to continued supply constraints.

Redfin: New Builds Make Up More Than 30% of Single-Family Market
Redfin, Seattle, reported that newly built properties made up 31.4% of single-family homes on the market in the second quarter, due in large part to continued supply constraints.

Redfin: U.S. Housing Market Hits Record at Nearly $47 Trillion in Total Value
Redfin, Seattle, reported the estimated total worth of U.S. homes hit a record $46.8 trillion in June, beating a record of $46.6 trillion set last year.

Redfin: U.S. Housing Market Hits Record at Nearly $47 Trillion in Total Value
Redfin, Seattle, reported the estimated total worth of U.S. homes hit a record $46.8 trillion in June, beating a record of $46.6 trillion set last year.

Redfin: Typical Monthly Payment Up Nearly 20% From Last Year
Redfin, Seattle, found the typical U.S. homebuyer’s monthly payment is up 19% from a year ago, at $2,605, during the four weeks ending July 30.

Redfin: Typical Monthly Payment Up Nearly 20% From Last Year
Redfin, Seattle, found the typical U.S. homebuyer’s monthly payment is up 19% from a year ago, at $2,605, during the four weeks ending July 30.

Industry Briefs Aug. 4, 2023
CBC Mortgage Agency Adds USDA Loans CBC Mortgage Agency, South Jordan, Utah, announced it has been approved by the U.S. Department of Agriculture to provide 30-year mortgage loans for borrowers …