Tagged: Redfin
Mortgage Industry Will Soon Be ARMed To The Teeth
ARM loans might be a saving grace to borrowers who recently purchased a home, but it comes with risks.
Competitive Bids On The Decline
Townhouses were more likely to receive multiple bids.
Increasing Numbers Of Home Sellers Are Dropping Their Asking Price
14.9% of home sellers decreased their asking price, up from 9.1% a year ago
Nationwide, Homebuyers Need 34% More Income Or More To Afford A Mortgage
Homebuyers in nearly every part of the country have felt the impact of surging home prices since the start of the pandemic, but none like those in the Sun Belt states.
Redfin Says Homebuyers Faced Fewer Competitive Bids In March
There's a silver lining for homebuyers -- fewer competitive bids
Americans Buying Smaller Homes
Redfin says the houses being purchased are smaller by 31 square feet.
As Mortgage Rates Rise, Half Of Homeowners Say 'So What?'
About half (51%) of homeowners have a rate under 4% — substantially below today’s level of 5%.
Redfin: Home Prices Surge in March, But Sales Down
Prices hit a new monthly record, but inventory continued to plummet.