Many U.S. homebuyers and sellers are rethinking their approach to achieving their real estate goals, according to a study commissioned by RE/MAX. 2022 saw a notable increase in mortgage rates compared to historic lows in 2020-21 and with many economic factors to watch...
According to a new report from Redfin, the technology-based real estate brokerage, the number of home searchers looking to relocate to a new metro fell 3.6% year over year in February. That compares with a 14.4% drop in Redfin.com home searchers looking to...
The pandemic, while now in the rearview mirror, left a significant impact on the rental market that is just now beginning to surface, according to Elliot Adler Real Estate Development. It’s creating both challenges and opportunities for renters and property managers...
Housing markets in tech hubs and pandemic migration hotspots are cooling more rapidly than other parts of the U.S as the tech sector falters and mortgage rates remain elevated, according to a new report from Redfin, the technology-powered real estate brokerage. ...
Source: Fox Business — From one coast to another, the collapse of California-based Silicon Valley Bank (SVB) has now sent tidal waves to Florida’s real estate market, one broker claimed on “Varney & Co.” Thursday. “It’s definitely...
Source: Realtor.com — Although the Federal Reserve hiked interest rates on Wednesday, mortgage rates veered in the opposite direction and tumbled. For the week ending March 23, the nationwide average for the popular 30-year fixed-rate mortgage was 6.42%,...
Hits and Misses for the Real Estate Week of June 15-19
