NAR finds nearly one-third of repeat buyers pay cash, narrowing the pool of financed purchase transactions for lenders
Tagged: Homebuyers
September's $53 increase ended three months of payment relief, with affordability deteriorating in 39 states
DPR’s Q3 report identifies 311 programs without income limits and 1,080 without first-time buyer requirements, though funded availability grew more slowly than the overall count
ATTOM puts the income needed to afford a median-priced home at $90,191 — roughly $10,700 above average wages, despite lower prices
Veterans United’s survey finds less willingness to hold out for lower rates, but little change in purchase timelines
Realtor.com finds 66 of 99 metros favor buyers or are moving that way, while rising financing costs have cut borrowing capacity 7.2% since late August for a fixed monthly payment
Redfin reports a record seller surplus and the highest contract cancellation share since early 2020, leaving loan officers with fewer purchase opportunities despite buyers’ growing negotiating power
Thirty-one of the 100 largest markets posted three-month price declines in August, even as national prices remained above year-earlier levels
HomeLight survey shows financing strength and favorable contingencies can help buyers compete on more than price
More than one in five listings took a price cut in September, but pending sales still posted their sharpest annual decline since March 2025