Interest in second homes remains down for third consecutive month

Many buyers are still considering second-home purchases, but the number was down from last year’s blistering levels. Continue reading

Economists say consumers should lock in low mortgage rates now

Mortgage rates reached the lowest point in 50 years last week, and one economist predicted they could plummet even more this week. Continue reading

Homebuyers see fierce competition across the country

Low mortgage rates and a lack of inventory have created a highly competitive market. In San Jose, one homebuyer had to put 50% down and write a letter to the sellers in order to beat 24 other offers. Continue reading

Mortgage applications reach highest volume since 2013

The Mortgage Bankers Association announced Wednesday that the Market Composite Index reached its highest level last week since May 2013. Continue reading

Car-free cities, bidding wars and climate change will rule 2020

Redfin Chief Economist Daryl Fairweather shares what real estate trends she expects over the next year and beyond. Continue reading