Pending home sales were an increasingly elusive concept in May, according to new data from the National Association of Realtors (NAR). The trade group’s Pending Home Sales Index (PHSI) – a forward-looking indicator of home sales based on contract signings – was down...
One-quarter of American homebuyers, a new record level, are looking to move to a different metro area, according to data from Redfin (NASDAQ:RDFN). In comparison to current level of 25.4% homebuyers looking outside of their area, the share considering relocation was...
Despite still-high rates and a still-low housing inventory, mortgage application activity was on the rise last week, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, a measure of mortgage loan application volume, increased...
The concept of keeping up with the Joneses has a new digital twist as most younger Americans go online to spy on the value of their friends’ homes. According to a new survey by Mphasis Digital Risk of 1,386 adults ages 46 and younger, the majority (66%) acknowledged...
A platform designed to provide immigrants with the financial identities needed to pursue homeownership, announced an $8 million seed round. The Los Angeles-based Maza enables immigrants to obtain a U.S. Tax ID and a bank account. According to the company, this allows...
While the visibility of rainbow flags has been more pronounced in the past few weeks due to the Pride Month observances, Redfin (NASDAQ:RDFN) polled homebuyers to see whether the presence of a rainbow flag would either enhance or sour their perception of a...
