Author Archives: Daniel Houston

Home sales off instant cash offers grow 20% in first quarter: Redfin

By Daniel Houston | June 25, 2021 - 4:52 pm |June 25, 2021 Uncategorized

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Purchases by iBuyers rose 20% in the first quarter of 2021, but remained down year over year, according to a Redfin analysis. Continue reading →

Renters were already feeling better. Then the eviction ban was extended

By Daniel Houston | June 25, 2021 - 2:22 pm |June 25, 2021 Uncategorized

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A new Zillow analysis found renters were growing more confident even before the government extended its moratorium on evictions through July. Continue reading →

Mortgage rates tick back above 3% as economic recovery continues

By Daniel Houston | June 24, 2021 - 4:16 pm |June 24, 2021 Uncategorized

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Freddie Mac’s chief economist said rates could continue to rise during the second half of the year after reaching historic lows in January. Continue reading →

‘I’ve never seen anything like this’: 580 Seattle homes have sold for $300K above ask this year

By Daniel Houston | June 23, 2021 - 10:35 pm |June 23, 2021 Uncategorized

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A new Redfin report found that homes in some of America’s largest metro areas sold for well above asking price in the first half of 2021, bucking an established trend. Continue reading →

Refinancing is easier than dieting, harder than training a dog: Survey

By Daniel Houston | June 23, 2021 - 8:23 pm |June 23, 2021 Uncategorized

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In a new Zillow survey, homeowners ranked refinancing as easier than divorce or following a strict diet, but “significantly tougher” than training a puppy. Continue reading →

Spike in refis led last year’s home-lending boom, new data shows

By Daniel Houston | June 22, 2021 - 10:33 pm |June 22, 2021 Uncategorized

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Lenders in 2020 refinanced more than twice as many loans as they reported the previous year, a dramatic feature of the pandemic lending boom. Continue reading →

Inman Interactive: Where housing costs are straining budgets most

By Daniel Houston | June 21, 2021 - 7:59 pm |June 21, 2021 Uncategorized

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In this interactive map, see the states where homeowners with a mortgage have incomes that haven’t kept up with housing costs. Continue reading →

Flips falter: Share of fixer-upper home sales drops as margins dip

By Daniel Houston | June 17, 2021 - 10:12 pm |June 17, 2021 Uncategorized

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Flipped properties fell to 2.7% of all sales in the first quarter of 2021, the lowest share seen in decades, according to a new report. Continue reading →

‘It’s the repetition that gets results’: Agents share their farming pro tips

By Daniel Houston | June 17, 2021 - 8:15 pm |June 17, 2021 Uncategorized

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Meetups and mailers are still the backbone of real estate farming, but agents at Inman Connect on Thursday said email is an increasingly powerful tool. Continue reading →

Crypto in real estate: How new tech may affect contracts, transactions

By Daniel Houston | June 17, 2021 - 5:19 pm |June 17, 2021 Uncategorized

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Shortly after facilitating a transaction with cryptocurrency, Propy CEO Natalia Karayaneva discussed the technology’s future at Inman Connect. Continue reading →