Tag Archives: home demand

Buyers continue downward spiral, but new listings may be steadying

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Homebuyers are backing away from the market as mortgage rates continue to climb. But new listings aren’t declining as quickly, Redfin reports. Continue reading →

Share of homebuyers looking to move cities hits new high

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Homebuyers have been dropping out of the market. Of the ones who are still in, more are eyeing a cross-city relocation, Redfin data suggests. Continue reading →

As locals balk, foreign buyers take renewed look at US homes

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Real estate firms that work with foreign buyers have seen an uptick in business from outside the U.S., “The Wall Street Journal” reports. Continue reading →

What do fast-cooling markets have in common? These 5 offer a hint

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In some of the nation’s most quickly slowing housing markets, the number of new listings is twice the number of recent sales, according to an analysis by SmartAsset. Continue reading →

Mortgage rates haven’t been this chaotic since Black Monday: Study

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A buyer looking at $500,000 houses in July would have seen their potential monthly payment fall by $177 in August, then rise by $328 since. Continue reading →

The pandemic-era home price boom has ended — and now we know when

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Two major estimates of home prices now concur: The uninterrupted string of monthly increases came to an end this July, according to new data released Tuesday from CoreLogic and the FHFA. Continue reading →

A new normal, or a ‘new weird’? Home prices climb despite 6% rates

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As mortgage rates rose in recent weeks, so did home prices and purchase-loan applications. It’s a strange time, a Redfin economist says. Continue reading →

US home equity has reached new heights. What happens next?

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Gains in household real estate equity have far outpaced growth in U.S. mortgage debt, according to new numbers from the Federal Reserve board. Continue reading →

Home sales have so much further to fall in 2023, Goldman Sachs says

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House purchases are expected to plummet further in the closing months of the year, and the recovery may not pick up speed until 2024, according to a new forecast from the investment bank. Continue reading →

Gary Keller has a theory about what a successful agent’s day looks like

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Real estate agents don’t have to be on edge all the time to be top performers — as long as they nail this part of the day, Gary Keller said Wednesday at Keller Williams’ annual Mega Camp event. Continue reading →