Tag Archives: Markets & Economy

Bidding wars begin to cool as more home inventory comes online

By Daniel Houston | July 13, 2021 - 11:25 pm |July 13, 2021 Uncategorized

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Buyer fatigue and a growing home inventory may have contributed to a reduction in bidding wars in June, according to Redfin agents. Continue reading →

Hispanics most likely to get family help to buy a home: Redfin

By Andrea V. Brambila | July 13, 2021 - 10:38 pm |July 13, 2021 Uncategorized

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Redfin report found that 52 percent of Hispanic homeowners lived with family or friends without paying rent to save for housing costs. Continue reading →

Delinquency rate hits lowest level seen in a year: CoreLogic

By Veronika Bondarenko | July 13, 2021 - 12:00 pm |July 13, 2021 Uncategorized

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According to property analytics provider CoreLogic, 4.7 percent of mortgages in the U.S. were in some state of delinquency in April. Continue reading →

Buyers could see more affordable homes in the next 6 months

By Andrea V. Brambila | July 12, 2021 - 11:21 pm |July 12, 2021 Uncategorized

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A recent Homes.com survey found that most prospective sellers plan to list homes valued at less than $300,000. Continue reading →

Rising home prices boost demand for jumbo mortgages

By Matt Carter | July 12, 2021 - 9:55 pm |July 12, 2021 Uncategorized

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Record-breaking home price appreciation is changing borrower behavior and the make-up of the mortgage market, said Black Knight Secondary Marketing Technologies President Scott Happ. Continue reading →

Developers are betting big on these 10 housing markets

By Libertina Brandt | July 12, 2021 - 9:24 pm |July 12, 2021 Uncategorized

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A new realtor.com study looked at the 100 largest U.S. metros to find out where land prices have risen the most since the onset of the pandemic. Continue reading →

Even if homebuilders wanted to quit lumber, they foresee big hurdles

By Daniel Houston | July 12, 2021 - 9:04 pm |July 12, 2021 Uncategorized

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Lumber prices remain high, but builders say a host of factors prevents them from switching to other materials. Continue reading →

Phoenix sees biggest housing shortage, NYC biggest surplus

By Jim Dalrymple II | July 12, 2021 - 7:22 pm |July 12, 2021 Uncategorized

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A new report shows that cities in the South and West don’t have enough housing, while expensive metros might have too much. Continue reading →

‘What am I supposed to do?’: As US ages in place, report hits a nerve

By Daniel Houston | July 12, 2021 - 3:03 pm |July 12, 2021 Uncategorized

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A New York Times story on baby boomers not selling their homes sparked an inter-generational dispute online, complete with accusations and existential dread. Continue reading →

America’s hottest neighborhoods: Midtown District in Oklahoma City, Oklahoma

By Marian McPherson | July 12, 2021 - 9:00 am |July 12, 2021 Uncategorized

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Oklahoma City is experiencing a pandemic-induced real estate boom, with coastal buyers flocking to one of the city’s most vibrant areas: Midtown. Here’s what you need to know about OKC’s hottest neighborhood. Continue reading →