Redfin, Seattle, said the average homebuyer’s monthly mortgage payment rose $50 over the past six weeks. At the same time, sellers’ median asking price increased 12% year over year to a record high.
Tag: Redfin
Housing Market Roundup Oct. 7, 2021
Here’s a summary of current housing market reports that came across the MBA NewsLink desk:
Industry Briefs Oct. 6, 2021: WFG Whitepaper Examines Title Agent-Underwriter Relationship
WFG National Title Insurance Co., Portland Ore., published a new whitepaper that explores the title agent-underwriter relationship in great detail. The paper, “Creating a True Partnership Between Title Agencies and Underwriters,” is available as a free download on the WFG Blocks website.
Asking Prices Up 12% to Record High; Other Measures Signal Market Cooling
Asking prices of homes listed for sale increased to a record-high 12%, said Redfin, Seattle, even as other housing market measures continued to show signs of cooling.
Housing Market Roundup Sept. 28, 2021
Here’s a roundup of recent housing reports that have come across the MBA NewsLink desk:
Industry Briefs Sept. 24, 2021: CFPB Says Renters at Risk as COVID Safety Net Ends
The Consumer Financial Protection Bureau released a report warning that millions of renters and their families may suffer previously avoided economic harms of the COVID-19 pandemic as federal and state relief programs end.
Redfin: Home Sales Post First Annual Decline in 15 Months
Redfin, Seattle, reported home sales fell on a monthly and annual basis in August for the first time since May 2020, although home prices continued to rise at a double-digit annual pace.
Housing Market Roundup: Bidding Wars; Remote Work; the Return of Non-QM
Here’s a quick summary of housing industry reports coming across the NewsLink desk.
Housing Market Roundup: Bidding Wars; Remote Work; the Return of Non-QM
It’s already been a busy week for housing industry reports–and it’s only Wednesday! Here’s a quick summary of some of those coming across the NewsLink desk.
Housing Market Roundup: Bidding Wars; Remote Work; the Return of Non-QM
It’s already been a busy week for housing industry reports–and it’s only Wednesday! Here’s a quick summary of some of those coming across the NewsLink desk.