Economists revealed to Intel how mortgage rates and inflation will bring the spring homebuying market back toward historical norms and become the new sales benchmark for years to come. Continue reading
Redfin Chief Economist Daryl Fairweather reveals to Intel the top data point signaling a coming rebound and shares why inflation and mortgage rates will continue to lead the market this spring. Continue reading
For years, real estate professionals have looked to millennials to push the housing market forward as previous generations slow their homebuying and homeselling activities. However, several obstacles — overwhelming student loan debt, stagnant wage grow… Continue reading
Florida and California are most at risk of experiencing a housing downturn during a recession, according to Redfin. Both states saw exorbitant growth during the pandemic-fueled buying rush. Continue reading
Pending-home sales also declined on an annual basis for the first time in eight consecutive months, according to the National Association of Realtors. Continue reading
CEO Glenn Kelman published a blog post detailing what Redfin is doing to serve worried buyers and sellers in COVID-19 impacted areas. Continue reading
The all-important 10-year T-note at 1.92 percent today is flirting with the highs since the big drop in early August and has risen steadily since the September low. However, with the Fed on hold, we have little risk of the kind of big run upward that w… Continue reading
Zillow Director of Economic Research Skyler Olsen says negative interest rate mortgages aren’t likely coming here, and, if they did, would signal trouble. Continue reading
Zillow Director of Economic Research Skyler Olsen says negative interest rate mortgages aren’t likely coming here, and, if they did, would signal trouble. Continue reading
Last week, the rate was at 4.65 percent. Last year at this time, it averaged only 3.83 percent. Continue reading