Tag Archives: Sun Belt

More and more homes are languishing on the market

By | | Uncategorized
Comments Off on More and more homes are languishing on the market

In August, nearly half of all U.S. homes had been on the market for 60 days or more, according to Redfin. Days on market has ticked up as high rates have slowed sales. Continue reading →

US rent hits just shy of all-time record high: Report

By | | Uncategorized
Comments Off on US rent hits just shy of all-time record high: Report

Despite having cooled for more than a year, the median asking rent in the U.S. remained just $24 below its all-time high as of June 2023, Redfin reported. Continue reading →

Remote work will eventually make homebuying more affordable: Study

By | | Uncategorized
Comments Off on Remote work will eventually make homebuying more affordable: Study

While remote work helped drive up housing prices during the pandemic, a new study from the Economic Innovation Group argues remote work may help housing affordability in the future. Continue reading →

Opendoor expands rapid preapproval app to 3 new states

By | | Uncategorized
Comments Off on Opendoor expands rapid preapproval app to 3 new states

Once only available in California, the expansion will see the Opendoor Finance App available in Texas, Arizona and Georgia, promising consumers preapproval letters in 60 seconds or less. Continue reading →

Homebuyers in these US cities are backing out of deals at a higher rate

By | | Uncategorized
Comments Off on Homebuyers in these US cities are backing out of deals at a higher rate

Phoenix, Las Vegas, Tampa and Austin attracted homebuyers at a higher rate during the height of the pandemic. But according to Redfin, those same Sun Belt cities are now cooling the fastest. Continue reading →

More people moving into drought-prone areas than out: Study

By | | Uncategorized
Comments Off on More people moving into drought-prone areas than out: Study

Roughly $17 trillion worth of property analyzed for the study had experienced intense drought in August, up 42 percent from a year earlier when $12 trillion worth of property had experienced it. Continue reading →