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
New home sales are still up 9.2 percent year over year but have been falling since March, likely as a result of high home prices due to the rising cost of construction materials like lumber. Continue reading
A large majority of Americans think now is a good time to buy and sell, though only a minority think the market will stay strong for another year, according to a new survey from Opendoor. Continue reading
Demand for purchase loans was up for the third week in a row last week, even as mortgage rates surged to the highest level in a month, according to a weekly survey by the Mortgage Bankers Association. Continue reading
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
ShowingTime’s latest data reveals that home showings saw an unusual dip in May, which could indicate the market is finally “adjusting and stabilizing.” Continue reading
“Homebodies” — homeowners who don’t want to give up their rock-bottom mortgage rates and seniors choosing to age in place — are keeping home sales from reaching their full potential, according to an analysis by First American Financial Corp. Continue reading
RE/MAX CEO Adam Contos talked to Inman about low inventory, commission splits and what agents need to be focusing on in 2021. Continue reading
With a potential surge in home foreclosures on the horizon, RES.NET, a technology platform provider for loan default management, says it’s revamped its real-estate owned portal to support growth and scalability. Continue reading
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