Author Archives: Daniel Houston

Real estate hiring picks up pace in August despite Delta’s spread

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An underwhelming jobs report held optimism for real estate firms, which hired faster in August as the Delta variant slowed recovery elsewhere. Continue reading →

Home inventory healthier in cities than suburbs, where buyers spar

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Suburbs have made up a growing share of Zillow’s top areas by views per listing — a product of the pandemic’s effect on inventory. Continue reading →

Mortgage rates cap off their most stable month of 2021 so far

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Rates for 30-year mortgages barely budged over the last month, even as lenders sifted through new statements from Federal Reserve officials. Continue reading →

Redfin extends iBuyer service into select areas in Atlanta, Nashville

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With these latest moves, the Seattle-based brokerage is now offering instant cash offers to sellers in 27 markets throughout the country. Continue reading →

Florida cities see heightened interest from buyers on the move

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Three Florida cities found themselves among the top migration destinations for Redfin website users in July. Continue reading →

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

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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

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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 →

Offerpad launches in Columbia area as it expands through Carolinas

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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 →