This week, our Tech Trends round-up features new tools designed to improve the flow of information within the real estate environment. Talking the Talk: Zillow (NASDAQ:Z, ZG) announced an upgrade for its artificial intelligence (AI) -powered search tool. According to...
Mortgage rates remained flat in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.35% as of Sept. 5, unchanged from last week. A year ago at this time, it averaged 7.12%. The 15-year fixed-rate...
Second quarter data released by ATTOM has determined that California, New Jersey and Illinois continue to have the highest concentrations of at-risk housing markets. The second quarter patterns – derived from gaps in home affordability, underwater mortgages,...
The number of homes actively for sale grew by 35.8% year-over-year in August, according to data from Realtor.com. August marked the 10th consecutive month of inventory growth. For August, active listings grew by 46% in the South, 35.7% in the West, 23.8% in the...
Pending sales of condominiums were down by 5.5% year-over-year last month, according to new data from Redfin (NASDAQ: RDFN). This marked the lowest level for pending condo sales in any July on record. At the same time, the number of condos for sale rose 27.1% from one...
Mortgage application activity ended August on the rise, according to data from the Mortgage Bankers Association (MBA) covering the week ending Aug. 30. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 1.6% on a seasonally...
