Tag Archives: Markets & Economy

Percentage of all-cash home purchases in US soars to 30%

By Lillian Dickerson | July 15, 2021 - 8:26 pm |July 15, 2021 Uncategorized

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That figure represents the largest share of homes purchased in all-cash since 2014, according to a Redfin report. Continue reading →

Housing inventory shortage could ease later this year: report

By Jim Dalrymple II | July 15, 2021 - 6:19 pm |July 15, 2021 Uncategorized

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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 →

June home sales see largest decline since 2012: Redfin

By Lillian Dickerson | July 15, 2021 - 3:13 pm |July 15, 2021 Uncategorized

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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 →

‘Summer swoon’: Mortgage rates dip further in mid-July throughout US

By Daniel Houston | July 15, 2021 - 2:51 pm |July 15, 2021 Uncategorized

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The average interest rate on a 30-year, fixed rate mortgage dipped further this week, according to data from Freddie Mac. Continue reading →

Why baby boomers have such a huge influence on real estate trends

By Libertina Brandt | July 14, 2021 - 8:34 pm |July 14, 2021 Uncategorized

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Some baby boomers are setting their sights on the rental market while others are holding off on moving plans. Continue reading →

Dip in rates boosts demand for mortgages

By Matt Carter | July 14, 2021 - 7:54 pm |July 14, 2021 Uncategorized

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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 →

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 →