Author Archives: Daniel Houston

Extreme seller’s market shows more signs of leveling off: Redfin

By Daniel Houston | August 26, 2021 - 5:55 pm |August 26, 2021 Uncategorized

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The typical home price has been holding roughly steady for weeks as inventory continues its slow path to recovery. Continue reading →

Lenders hold firm on mortgage rates after Fed dust settles

By Daniel Houston | August 26, 2021 - 5:16 pm |August 26, 2021 Uncategorized

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Minutes released last week from the July 27-28 meeting of a Federal Reserve committee that sets monetary policy revealed that most members are open to tapering bond purchases the Fed makes to stimulate the economy by the end of this year. Continue reading →

Interactive: Half of new home builds now sell for more than $400K

By Daniel Houston | August 25, 2021 - 7:23 pm |August 25, 2021 Uncategorized

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Prices under $200,000 have nearly disappeared from the market for newly constructed homes, according to new data. Continue reading →

Offerpad launches in Columbia area as it expands through Carolinas

By Daniel Houston | August 24, 2021 - 10:31 pm |August 24, 2021 Uncategorized

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The move is part of the iBuyer’s continued expansion efforts as it prepares to go public later this quarter, a spokesperson said. Continue reading →

How a people-centric mindset helped 2 teams top their markets

By Daniel Houston | August 24, 2021 - 4:34 pm |August 24, 2021 Uncategorized

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Two top teams in Florida and California got there by picking the right agents and helping them grow, their leaders said at Connect Now. Continue reading →

Agent who marketed her business at Capitol riot pleads guilty in deal

By Daniel Houston | August 20, 2021 - 7:25 pm |August 20, 2021 Uncategorized

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Jenna Ryan, the Texas real estate agent who live-streamed the insurrection in January, pleaded guilty this week to an illegal demonstration charge. Continue reading →

Even before the pandemic, rents weren’t expected to rise this high

By Daniel Houston | August 20, 2021 - 3:23 pm |August 20, 2021 Uncategorized

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Rent prices were 9 percent higher in July than at the same time last year, evidence of a rental market recovery in full swing. Continue reading →

Ahead of Fed tapering reveal, mortgage lenders kept rates steady

By Daniel Houston | August 19, 2021 - 4:22 pm |August 19, 2021 Uncategorized

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Low mortgage rates that had risen off a strong jobs report remained unmoved earlier this week, according to Freddie Mac’s lender survey. Continue reading →

Mortgage lenders deal more purchase loans amid fewer refis

By Daniel Houston | August 19, 2021 - 4:01 am |August 19, 2021 Uncategorized

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The latest numbers from Attom Data Solutions show that mortgage lenders issued more purchase loans in the second quarter of the year, but lost ground on the refinancing side. Continue reading →

Summer housing slowdown brings bidding wars back to earth

By Daniel Houston | August 17, 2021 - 6:00 pm |August 17, 2021 Uncategorized

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Competition eased throughout the nation for Redfin agents, who reported only 60 percent of their offers were part of a bidding war in July. Continue reading →