Analysis and Data

Home Flipping Activity, Profits Rise During Q1 2024

The flipping rate rose for the second straight quarter while investment returns reached 30% nationwide.

Investor Loans
Analysis and Data
Home Price Growth Plateaus In May As Sales Activity Slows

Cooling inflation is cooling home prices, Redfin report indicates

Analysis and Data
The U.S. Is Now Short 4.5 Million Homes

From 2021 to 2022, Zillow reported that the U.S. housing shortage grew to 4.5 million homes, up from 4.3 million.

Analysis and Data
Single-Family Rental Prices Level Off In April

Year-over-year growth slowed for all market segments except higher-priced rental properties.

Analysis and Data
Non-QM
Home Sales Fell To Historic Lows In May

Only two months in past decade saw fewer home sales, Redfin reports

Analysis and Data
Mortgage Rates Continue To Move Down

The 30-year FRM averaged 6.95% as of June 13, 2024, down from last week when it averaged 6.99%.

Analysis and Data
Buyers Turn To New Construction As Inventory Lags

May's mortgage applications for new home purchases increased 13.8% from last year.

Analysis and Data
California, New Jersey, Illinois Deemed Most At-Risk Markets

Those three states had 34 of the 50 counties around the U.S. considered most vulnerable to declines.

Analysis and Data
Home Prices Hit A Record High But Relief Expected Soon

Median sale price reaches $394,000; new inflation is data promising, Redfin analysts say

Analysis and Data
Fed Projects A Single Rate Cut As Inflation Eases In May

“We welcome today’s reading and hope for more like that,” Fed Chair Powell said at the close of Wednesday's FOMC meeting.

Analysis and Data