Tagged: Redfin

Redfin able to link homebuyers to mortgage financing

Market still feels hot, but slowdown in online searches, home tours and mortgage applications suggests more buyers are getting priced out.

Demand for single-family homes surged during the pandemic — but it surged so much that condos are now all some homebuyers can afford.

Median home sales prices continue to surge

Redfin report says waiving financing contingency and conducting a pre-inspection also can help.

Home prices soared to an all-time high of $363,975 as the market continued to heat up during the four-week period ending Feb. 27.

Americans are still living in their homes longer than before because of older homeowners aging in place, a shortage of homes for sale and relatively low monthly payments.

Freddie Mac survey finds rates had fallen slightly over the past week; economists say conflict one reason for that.

Redfin says 70% of the offers its agents wrote on homes faced bidding wars in January.

A record-setting 57% of homes that went under contract in the four week period ending Feb. 13 sold within two weeks of being listed, according to a report from Redfin, a technology-powered real estate brokerage.