Fierce competition continues to drive home prices up, but home tours, offers and pending sales have slowed, according to a new report from Redfin, Seattle.
Tag: Taylor Marr
More than Half of Homes Selling Above List Price
The national median home-sale price hit a record high $377,200 in May, up 26% year over year, reported Redfin, Seattle.
Housing Market Roundup, Dec. 24, 2020
It’s almost the end of a year many of us would like to forget—unless, of course, we’re a mortgage banker. Here’s a summary of a plethora of reports that crossed the MBA NewsLink desk in the past few days:
Housing Roundup Nov. 23, 2020
Here’s a quick hit on several recent housing and real estate finance reports.
Housing Report Roundup
Welcome to the Friday Housing Report Roundup. Click on the link to see what’s happening.
Low Rates Offer More Affordability, But Higher Prices Cancel Out
Historically low rates are increasing home buyers’ purchasing power, but low inventories and rising home prices are effectively canceling out that purchase power, said Redfin, Seattle.
Homebuyer Interest in Rural Areas Rises—But Prices Up Everywhere
Redfin Economist Taylor Marr said there’s more demand—and less supply—for rural and suburban neighborhoods than cities as the pandemic influences homebuyer preferences. Homes in rural areas have had higher price growth than suburban and urban areas since April.
Housing Finance Roundup: Purchase Market Strength; Millennial Buying Power; COVID-19 Effect on Homeownership Plans; Bidding Wars Intensify; Home Price Growth Persists
Here is the latest Housing Finance Roundup, with summaries of reports from Ellie Mae; First American Financial Corp.; Bankrate.com; Zillow; and Redfin.
Housing Finance Roundup: July 13, 2020
MBA NewsLink summarizes more than half a dozen new reports from Redfin; Zillow; First American Financial Corp.; Fitch Ratings; ATTOM Data Solutions; and Black Knight.
Housing Finance Market Roundup
Here’s a summary of recent reports about the housing market and real estate finance, with reports from Zillow; Veros Real Estate Solutions; Fannie Mae; Redfin; Genworth Mortgage Insurance; and Computershare Loan Services.