RE/MAX, Denver, said October home sales fell by 6.4 percent from September—nearly double the typical seasonal decline—pinched between a steep median sales price of $336,000 and record low inventory.
Tag: Redfin
Housing Market Cools, But Relief for Homebuyers Short-Lived
Redfin, Seattle, said median home price appreciation slowed again in October, but provided little relief for homebuyers who have seen double-digit price increases over the past two years.
Housing Market Roundup Nov. 22, 2021
Here’s a summary of some of the latest housing and economic reports that have come across the MBA NewsLink desk:
Redfin: More Balanced Housing Market in 2022
It’s mid-November, which means it’s also time for 2022 forecasts. Redfin, Seattle, never shy, says the new year will bring more balance to the housing market. However, don’t expect a buyer’s market—just more selection, less frenzy and slower price growth.
October Second-Home Demand Up 70% From Pre-Pandemic Levels
Redfin, Seattle, said while demand for vacation homes has cooled slightly since the start of the year, it’s expected to remain above pre-pandemic levels as many Americans take advantage of more permanent remote-work policies.
Industry Briefs Nov. 17, 2021: nCino to Acquire SimpleNexus for $1.2 Billion
nCino, Wilmington, N.C., announced it will acquire SimpleNexus, Lehi, Utah, for $1.2 billion.
Redfin: Investors Bought Record 18% of 3Q Homes for Sale
Redfin, Seattle, said real estate investors bought a record 18.2% of the U.S. homes purchased during the third quarter, up from a revised 16.1% in the second quarter and 11.2% a year earlier.
Housing Market Roundup Nov. 9, 2021
We’re starting to get a lot of year-end housing market reports—which means we should be soon getting 2022 forecasts. Here is a roundup of recent reports to come across the MBA NewsLink desk:
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:
Share of Migration Slows; ‘High-Crime’ Neighborhoods Take a Hit
Nationwide, 30.2% of Redfin.com users looked to move to a different metropolitan area in the third quarter, down from 31.1% in the second quarter, marking the second-straight quarter of declines following four-consecutive quarters of increases.