Redfin, Seattle, said the housing market showed some early signs of recovery in May as inventory of homes for sale and contracts to buy homes both increased dramatically from April levels.
Tag: Redfin
Home Report: Demand Higher than Before Pandemic; So is Stress Amid Falling Inventories, Lingering COVID Concerns
Reports from Redfin, Seattle, and Clever Real Estate, St. Louis, illustrate the lingering effects of the coronavirus on the home-buying process—and the current state of home-buying demand.
For Single Women, Minorities, Divergent Paths on Homeownership
Two reports show that homeownership opportunities for key segments of the economy—single women and minorities—continue to move in different directions.
Homebuying Demand Higher Than Before Pandemic; New Home Share at 8-Year High
Amid some absolutely dreadful housing news lately, there are signs of resilience—and perhaps, the seeds of recovery.
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.
Housing Market Shows Early Signs of Recovery, Even Where COVID-19 Has Not Peaked
Redfin, Seattle, said new listings and home sales are seeing early signs of recovery in U.S. housing market, even as some cities struggle to flatten the coronavirus curve.
Industry Briefs
IndiSoft, Columbia, Md., launched The Homeowner Connect to help servicers communicate effectively with borrowers who need loss mitigation help during the COVID-19 crisis.
Homebuyers Confront Credit Crunch as Coronavirus Puts Lenders on Edge
Nearly half of all Americans financed their home purchases with down payments of less than 20% last year, according to a new analysis by Redfin, Seattle.
Redfin: Home-Buying Demand Strengthens Despite Stricter Lending Standards, Inventory Shortages
Redfin, Seattle, said home-buying demand shook off more than five million new claims for unemployment assistance and continued to strengthen last week.
Online Home Shopping Activity Up—Way Up
Reports from Zillow, Seattle, and Redfin, Seattle suggest prospective home buyers are adapting to the Age of Coronavirus by significantly upping their online searches and tours.