Mortgage lenders tightened underwriting standards in June, undoing much of the easing seen over the last six months as initial fears about the long-term impacts of the pandemic began to wane. Continue reading
As the official start to summer approaches, agents say the market is less chaotic than a few weeks ago, and more high-end luxury properties, in particular, seem to be available and lingering on the market longer. Continue reading
A Chase survey revealed nearly 4 in 10 potential first-time buyers lost income during the pandemic, setting back their homeownership goals. Continue reading
A luxury real estate broker shares his take on the market, what he’s seeing in his neck of the woods, plus how he’s pivoting his focus to get more sellers. Continue reading
That figure represents the largest share of homes purchased in all-cash since 2014, according to a Redfin report. Continue reading
Tech firm and brokerage HouseCanary found a shrinking gap between the number of new listings and the number of listings going under contract — a potential sign of an improving inventory landscape. Continue reading
Homes also sold at their priciest and quickest pace on record during June, but Redfin said that sales pace and market competition have now likely peaked for 2021. Continue reading
The average interest rate on a 30-year, fixed rate mortgage dipped further this week, according to data from Freddie Mac. Continue reading
Some baby boomers are setting their sights on the rental market while others are holding off on moving plans. Continue reading
Last week’s dip in mortgage rates boosted applications for purchase loans and revived interest in refinancing, according to a weekly survey of lenders by the Mortgage Bankers Association. Continue reading