Source: Redfin — Sellers are offering to cover the cost of repairs, mortgage-rate buydowns and closing costs as rising interest rates dampen homebuyer demand. Pandemic boomtowns and pricey coastal markets, including Phoenix and Seattle, have seen the biggest...
The median U.S. home price fell 1.2% in February, marking the first year-over-year decline since 2012, according to a new report from Redfin, a technology-based real estate brokerage. Sellers have been forced to lower their expectations because high mortgage rates...
Source: US News — The U.S. is short 6.5 million single-family homes, according to a realtor.com report released March 8. This means that the rate of household formations is outpacing the amount of homes constructed, and that spells a major inventory crunch for...
Source: Sierra — LIZ GREENE HADN’T ORIGINALLY intended to buy this house. She’d been looking at another one here in the River Haven subdivision, 20 miles northeast of Myrtle Beach, South Carolina. It had the same beige siding, the same slab...
Source: MPA Mag — An analysis of 200 of the largest metro areas in the US shows the health of the housing market across the country amid a backdrop of intense competition and dwindling housing availability. Today’s Homeowner reached out to Mortgage Professional...
Source: ABC 7 News — SAN FRANCISCO (KGO) — The California Association of Realtors routinely updates the forms used by realtors to secure common real estate transactions like buying and selling a home. However, a change made to the form that specifies how...
