Down payments are declining even as home prices are rising because buyers are facing affordability challenges or opting to reserve more of their cash because of economic uncertainty, Redfin said. Continue reading
“All low-commission brokers employ at least some competent, experienced agents,” but sellers should comparison shop, according to a new analysis by advocacy group Consumer Policy Center. Continue reading
Realtor.com won’t ban private listings, but CEO Damian Eales argued in a new blog post that private listing advocates “are likely to find themselves on the wrong side of history.” Continue reading
Purchasing a luxury home often comes with a hefty price tag, but in some U.S. metros, high-end living can still be surprisingly affordable. Continue reading
Nation’s largest lender reboots 1 percent down loans that cover up to $7,000 of the homebuyer’s down payment when financing a purchase backed by Fannie Mae or Freddie Mac. Continue reading
A wave of “Altadena Not for Sale” signs dot the yards of fire-scarred properties as a plea to preserve the communities that have been lost in January’s Eaton fire. Behind the signs, a different reality is unfolding — Altadena is for sale, and develope… Continue reading
To repeal a rule that was only optional to begin with is not a repeal of anything, and based on its timing, it comes off as a desperate play for attention, Spencer Krull writes. Continue reading
Spring typically brings new energy to this housing market, but this year, the momentum is stalling. A flood of sellers has hit the market, but buyers are remaining on the sidelines, new data from Redfin shows. Continue reading
Zillow Group started notifying brokers on May 28 about listings that weren’t aded to the MLS within 24 hours of being publicly marketed. The portal declined to share how many notices have been sent. Continue reading
While purchase loan demand was still up 18 percent last week from a year ago, some of that demand may not translate into sales, with Redfin reporting an unusual bump in cancelled purchase contracts. Continue reading