Analysis and Data
And the reasons for doing so are changing, Bright MLS finds
A sharp rise in construction wages hasn’t solved the industry’s labor shortage — and meanwhile, is driving up prices for homebuyers
Despite strong origination scores, servicers struggle with communication, responsiveness, and rising escrow costs
Calls grow to reform tax law NAR says is ‘stifling market turnover, squeezing supply, and driving up prices’ of homes
Change reflects builders looking to maximize affordability; buyers wanting more space better off shopping older homes
Refinance apps slip while purchase apps gain ground; average purchase loan size heads down
Prolonged lags in existing home sales contribute to reduced household spending, services output, economist notes
Redfin’s latest data shows market shifts continue to favor buyers as sale prices peak, concessions grow, touring activity rises
Continues ‘general moderation’ since beginning of last year, Fannie Mae says
Economist’s analysis finds the pendulum has swung toward renting, making local expertise more important than ever for mortgage pros