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Redfin CEO Glenn Kelman calls housing market ‘stronger than anyone could’ve hoped’

Redfin CEO Glenn Kelman calls housing market ‘stronger than anyone could’ve hoped’

by Third Party | Jan 29, 2023 | Real Estate News, U.S. Housing Market

Source: Yahoo! News —  The housing market is coming off one of its most challenging years since the financial crisis, but signs of a turnaround are emerging early in 2023, according to Redfin (RDFN) CEO Glenn Kelman. “The market could still easily...
New Yorkers Never Came ‘Flooding Back.’ Why Did Rents Go Up So Much? Getting to the bottom of a COVID-era real estate mystery.

New Yorkers Never Came ‘Flooding Back.’ Why Did Rents Go Up So Much? Getting to the bottom of a COVID-era real estate mystery.

by Third Party | Jan 29, 2023 | News/Current Events, Real Estate News

Source: Curbed —  For a minute there, things looked grim for New York City landlords. The pandemic caused an exodus of such proportions that building owners were forced to cut rents to their lowest levels since the bad old days of 2011. But then a miracle...
Real Estate Preview 2023: Another very different year for homebuyers and sellers

Real Estate Preview 2023: Another very different year for homebuyers and sellers

by Third Party | Jan 28, 2023 | Real Estate Agent Tools, Real Estate News

Source: Pleasanton Weekly —  Real estate markets throughout the East Bay have experienced significant changes since 2019 — and more are on the way. “The most dramatic changes during 2023 will be mortgage interest rates,” said Steve Medeiros,...
North Carolina city ranked 2nd in US for biggest increases in housing prices

North Carolina city ranked 2nd in US for biggest increases in housing prices

by Third Party | Jan 28, 2023 | News/Current Events, Real Estate News

Source: Fox News —  RALEIGH, N.C. (WGHP) – Despite a cooling market because mortgage rates have risen to fight inflation, home sellers in 2022 still had an amazing rate of return – and those in Raleigh were among the best. The ATTOM U.S. Home Sales...
When will US home prices finally stop dropping?

When will US home prices finally stop dropping?

by Third Party | Jan 28, 2023 | Mortgage Information, Real Estate News

Source: Fox Business —  The end may finally be in sight for a prolonged slump in the U.S. housing market, according to Goldman Sachs strategists. Analysts at the Wall Street bank said in a note this week that falling mortgage rates are likely to stop the...
Housing Market Update: Pending Home Sales Improve In January As More Buyers Return

Housing Market Update: Pending Home Sales Improve In January As More Buyers Return

by Third Party | Jan 28, 2023 | Real Estate News, U.S. Housing Market

Source: Redfin —  Pending sales posted their smallest year-over-year decline in three months as mortgage rates ticked down. Early indicators of homebuyer demand, including tour requests and mortgage applications, are increasing from their low point.  Pending...
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