Analysis and Data

Tech-enabled platform for buying and selling residential real estate finished 4th quarter with record results compared to previous year

Vacant properties are inching downward in the first quarter of 2022, while foreclosure starts have surged sevenfold in January. 

Increased Mortgage Rates and Low Inventory Will Keep Buyers Out of the Market

The Market Composite Index, a measure of mortgage loan application volume, decreased 13.1% n a seasonally adjusted basis from one week earlier.

The Black homeownership rate is lower than a decade ago, while Hispanic homeownership is at all-time high.

Average monthly payment increased by 31% in the last year.

A fresh perspective on opportunities and challenges in a transformed COVID-19 market. 

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.