Tag Archives: Markets & Economy

Zestimates can’t keep up with wild housing market, agents say

By Marian McPherson | April 27, 2021 - 9:00 am |April 27, 2021 Uncategorized

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Four agents from around the country talk about the widening gap between Zestimates and MLS home value data as inventory shortages push prices to new highs. Continue reading →

Beyond the headlines: Demand continues to exceed supply

By Matthew Gardner | April 27, 2021 - 8:00 am |April 27, 2021 Uncategorized

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Looking for a little clarity on the news? Windermere Chief Economist Matthew Gardner dives into recent housing data releases and predicts how the market will fare. Continue reading →

Mortgage forbearances continue slow decline

By Kelsey Ramírez | April 26, 2021 - 8:00 pm |April 26, 2021 Uncategorized

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Mortgage forbearances decreased for the eighth consecutive week, though at a slower rate than the past two weeks, according to the latest Mortgage Bankers Association report. Continue reading →

Americans prioritize paying their mortgage during pandemic

By Kelsey Ramírez | April 26, 2021 - 7:12 pm |April 26, 2021 Uncategorized

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For Americans with mortgages, car payments and credit cards, a new TransUnion study shows paying their mortgage was a top priority during the pandemic. Continue reading →

Inman Handbook on comps in these chaotic times

By Jim Dalrymple II | April 26, 2021 - 9:00 am |April 26, 2021 Uncategorized

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Agents’ expertise has long relied on studying and understanding sales patterns in their markets. But with little inventory and soaring prices, patterns are hard to find. Continue reading →

A third of Realtors bought or sold a ‘green’ home in the past year

By Andrea V. Brambila | April 23, 2021 - 4:37 pm |April 23, 2021 Uncategorized

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Thirty-two percent of respondents of a National Association of Realtors survey say they were involved in buying or selling a property that had eco-friendly features in the past year. Continue reading →

Is the housing inventory crisis almost over?

By Kelsey Ramírez | April 23, 2021 - 3:46 pm |April 23, 2021 Uncategorized

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The housing inventory crisis continues to block many potential homebuyers out of the market, but new Zillow data shows that could be about to change. Continue reading →

New-home sales soar to 15-year high

By Veronika Bondarenko | April 23, 2021 - 3:05 pm |April 23, 2021 Uncategorized

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New single-family home sales catapulted 20.7 percent to a seasonally adjusted rate of 1.02 million in March, a high not seen since 2006. Continue reading →

Purchase mortgage originations to hit a new record in 2021

By Kelsey Ramírez | April 22, 2021 - 5:52 pm |April 22, 2021 Uncategorized

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The MBA announced Thursday at its Spring Conference and Expo 2021 that purchase originations are on track to grow 16.4 percent to a new record of $1.67 trillion in 2021. Continue reading →

Mortgage rates drop below 3% for first time in months

By Kelsey Ramírez | April 22, 2021 - 2:53 pm |April 22, 2021 Uncategorized

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Average mortgage rates for a 30-year fixed rate mortgage dropped to 2.97 percent for the week ending April 22, according to Freddie Mac’s Primary Mortgage Market Survey. Continue reading →