The Federal Housing Finance Agency released reports providing the results of the 2020 and 2021 annual stress tests Fannie Mae and Freddie Mac under the Dodd-Frank Act.
Tag: Redfin
Industry Briefs Aug. 6, 2021
CoreLogic, Irvine, Calif., said its analysis of homebuyer migration trends in 2020 found coastal metro areas in Florida such as Lakeland and Tampa ranking highest, as many moved away from large coastal areas such as New York, Los Angeles and San Francisco.
Industry Briefs Aug. 5, 2021
CoreLogic, Irvine, Calif., said its analysis of homebuyer migration trends in 2020 found coastal metro areas in Florida such as Lakeland and Tampa ranking highest, as many moved away from large coastal areas such as New York, Los Angeles and San Francisco.
Prices of Most, Least Expensive U.S. Homes Surge Fastest
Redfin, Seattle, reported luxury home prices soared 26 percent year-over-year in the second quarter, while prices of the most affordable homes grew 19 percent. Both segments outpaced the rest of the market.
Prices of Most, Least Expensive U.S. Homes Surge Fastest
Redfin, Seattle, reported luxury home prices soared 26 percent year-over-year in the second quarter, while prices of the most affordable homes grew 19 percent. Both segments outpaced the rest of the market.
Industry Briefs July 29, 2021
NotaryCam, Newport Beach, Calif., partnered with RUTH RUHL P.C., a Texas-based law firm, to add security and automation to the firm’s loss mitigation services through remote online notarization.
Industry Briefs July 26, 2021
NotaryCam, Newport Beach, Calif., partnered with RUTH RUHL P.C., a Texas-based law firm, to add security and automation to the firm’s loss mitigation services through remote online notarization.
Apartment, Condo Demand Jumps
Demand for U.S. apartments and condominiums jumped in June, analysts said.
Share of Homes Bought with All Cash Hits 30% for First Time Since 2014
Redfin, Seattle, said nearly one-third (30%) of U.S. home purchases this year were paid for with all cash, up from 25.3% during all of 2020 to the largest share since 2014 (30.6%).
Demand For Vacation Homes Falls for First Time in a Year
Redfin, Seattle, said buyers who locked in mortgage rates to purchase a second home nationwide fell 11.1% year over year in June, a reversal from the yearlong surge in demand for vacation homes driven by the pandemic.