In November, home sellers outnumbered buyers by an unprecedented margin — about 37.2% — creating a pronounced buyer’s market with more negotiating power for purchasers and the largest imbalance recorded since at least 2013
Tagged: Homebuyers
Guaranteed Rate Affinity taps 20-year-plus industry veteran Lacey Sullivan to lead Northern California operations, growth, and talent development
The Urban Institute says innovative mortgage products like assumable, portable, or 50-year loans may improve mobility at the margins, but will not meaningfully improve affordability
A new Hometap survey finds that homeowners across generations view traditional home equity products as inflexible, outdated, and poorly aligned with their financial needs, driving rising demand for more adaptable, consumer-focused financing alternatives
Post-purchase remorse declines from 2023, as today's buyers approach the market more deliberately, while the share who feel they overpaid for their home falls from 15% to 8% over the past two years
The number of U.S. homebuyers dropped 1.7% to the lowest level on record, aside from the start of the pandemic, amid high housing costs and economic uncertainty, while the number of sellers dropped 0.5% as sellers retreated in response to low buyer demand
New functionality allows users to engage in dialogue with Redfin, helping to discover more options as they refine their home search
FHFA Director hints that the Trump administration is working on a new mortgage term to increase homeownership and combat affordability
A new National Association of Realtors poll reveals that the average median downpayment for a home was 19%, with first-timers buyers putting down just 10% of the purchase price, and repeat buyers putting down up to 23% of the purchase price
The duo of Randal McClanahan and David Wells join the national mortgage lender and servicer as retail sales leaders and branch managers