Source: CBS News — The cost of buying a home is drifting further out of financial reach for the average American, according to a report from Redfin. The real estate website analyzed homes that went on sale last year and found that only 21% of them were...
Source: Yahoo! News — Yahoo Finance reporter Dani Romero joins the Live show with the latest on the U.S. housing market and details on which markets are being most impacted by oversupply. Video Transcript SEANA SMITH: Potential homebuyers are getting squeezed...
Source: The Street — Over the last year, many people interested in a move or a home bought as an investment have scrolled online listings only to find that there’s nothing affordable on the market. U.S. home prices rose by 32% in the last three years...
Roughly one in five (21%) U.S. homes for sale in 2022 was affordable for the typical household, according to a new report from Redfin, the technology-powered real estate brokerage. That’s down from two in five (40%) in 2021 and the lowest share on record. A...
Prevu, a real estate technology company, announced that its digital homebuying platform is now available in South Florida – including cities like Miami, Fort Lauderdale, Boca Raton, and West Palm Beach. With Prevu’s entrance into the market, consumers in the...
Source: Redfin — The median U.S. home-sale price declined 0.6% year over year in February, marking the first annual drop since 2012–but high rates mean homes aren’t more affordable. The milestone comes as daily average mortgage rates hit 7.1%, dampening...
Hits and Misses for the Real Estate Week of June 15-19
