Analysis and Data
Redfin says 70% of the offers its agents wrote on homes faced bidding wars in January.
S&P CoreLogic Case-Shiller Index shows the largest gain in prices in 34 years.
In January 2022, potential existing home sales fell to a 6.31 million seasonally adjusted annualized rate (SAAR) — a 0.9% month-over-month decrease.
A record-setting 57% of homes that went under contract in the four week period ending Feb. 13 sold within two weeks of being listed, according to a report from Redfin, a technology-powered real estate brokerage.
Rents are up, but buying that first starter home was cheaper in most large metro areas.
After declining in December, sales of existing homes rose 6.7% in January, despite housing inventory being at an all-time low.
Black Knight says that with rates rising to levels not seen since May 2019, millions of borrowers are losing 'rate incentive' to refinance.
Its Economic & Strategic Research Group says rising mortgage rates and even higher home prices will limit affordability.
This year’s report studied 13 major hazard events that occurred in 2021, including hurricanes, tornados, hailstorms, wildfires, and even winter storms.
A groundbreaking exhibition that sheds light on unsavory Chicago real estate practices in the '50s and '60s: Land Sale Contracts.