Tag Archives: home prices

Why homebuyers aren’t taking advantage of drop in mortgage rates

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The historically low level of inventory for sale suggests that any rate-related increase in sales will be muted due to the inadequacy of listings needed to fulfill higher buyer demand. This softer sales response also suggests more upward pressure on pr… Continue reading →

Underwater homeowners gain breathing room as prices climb

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Fewer properties are considered seriously underwater now that rising home prices have put homeowners with mortgages in a better position. Continue reading →

Home prices show signs of leveling off for first time in months

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After five consecutive months of record home prices, the market appears to be plateauing according to several key indicators. Continue reading →

California’s scorching-hot housing market expected to stay ‘incredibly competitive’

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California Association of Realtors blames lack of supply for “terrible consequences” on quality of life for potential buyers. Continue reading →

Selling to buy? It should get easier in coming weeks, report says

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Conditions should start to improve for buyers while remaining great for sellers if current trends hold, according to a new Redfin report. Continue reading →

With home prices slow to fall, would-be buyers are getting squeezed out

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People who lost income during the pandemic are finding it hard to buy their first homes as real estate prices grew faster than incomes, according to a new Harvard University report. Continue reading →

Investor home purchases exceed pre-pandemic levels, hit record high

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Investors purchased 67,943 US homes during the second quarter, for a total value of $48.5B, the highest figure on record, according to Redfin. Continue reading →

Builder confidence curbed in July by continued supply-side roadblocks

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Labor shortages, regulatory costs and high costs of materials continued to dampen builder confidence, but strong buyer demand helped moderately temper those challenges in July, according to a new report. Continue reading →