Source: Washington Post — While everybody’s been sweating over the housing and labor markets, the office market has been streaking toward a hard landing. The Federal Reserve’s new hawkish stance has pushed stocks lower and heightened concerns about the...
Source: Business Wire — SEATTLE–(BUSINESS WIRE)–(NASDAQ: RDFN) — Housing markets in relatively affordable Midwest and East Coast metro areas are holding up better than anywhere else in the country, according to a new report from Redfin (redfin.com),...
Source: New York Times — As recently as the 1990s, when Jason Nageli started off, the home-building industry was still constructing what real-estate ads would brightly call the “starter home.” In the Denver area, he sold newly built two-story houses with three...
Source: Redfin — Since mortgage rates came down from their June high, measures of early demand like online real estate searches and home tours have ticked up and/or stabilized. A half-point drop in mortgage rates from their June high is drawing some homebuyers...
Source: Marketwatch — “Signs of a tipping point toward a greater balance between buyers and sellers are increasing,” wrote CoreLogic Deputy Chief Economist Selma Hepp in a statement in June. It was a quote that caught our eye, as we’ve heard from plenty of...
Source: Realtor — Alot can change in just six months. Russia invaded Ukraine. The latest season of “Stranger Things” dropped on Netflix. And the housing market, which received a turbo boost from the COVID-19 pandemic, has begun to shift. Surging mortgage...