Source: World Property Journal — National property broker Redfin is reporting this week that 60.7% of home offers written by Redfin agents nationwide encountered competition on a seasonally adjusted basis in April, the lowest level since March 2021....
Source: Bigger Pockets — It seems like every media outlet, and perhaps every person on Earth, is debating if the housing market is going to crash soon. While the truth is that no one really knows what’s going to happen, we can examine data and attempt to...
Source: Fortune — Back in March, economists at the Federal Reserve Bank of Dallas put the real estate industry on high alert when they published a paper titled “Real-time market monitoring finds signs of brewing U.S. housing bubble.” It’s one...
Source: Fox Business — Mortgage rates dropped last week for the second consecutive week as the economy slowed alongside consumer spending, according to the latest data from Freddie Mac. The average 30-year fixed-rate mortgage rate decreased 15 basis points to...
Source: Bankrate — Rising home prices and mortgage rates have made it more difficult for many first-time homebuyers and have pushed some to consider alternative forms of financing. A survey out of Pew Charitable Trusts found that Hispanic homebuyers are the...