Source: Fortune — On Jan. 10, researchers at Goldman Sachs downgraded their outlook for the U.S. housing market in a paper titled “Getting worse before getting better.” Instead of U.S. home prices falling 4.1% in 2023, which was their November call, researchers...
Source: Yahoo! News — The housing market is coming off one of its most challenging years since the financial crisis, but signs of a turnaround are emerging early in 2023, according to Redfin (RDFN) CEO Glenn Kelman. “The market could still easily...
Source: Yahoo! Finance — VANCOUVER, BC, Jan. 27, 2023 /CNW/ – Full-year 2022 US housing starts and new home sales data has been released and while the dampening effects of rising mortgage rates remain, the numbers for December show a slight uptick. In...
Source: Redfin — Pending sales posted their smallest year-over-year decline in three months as mortgage rates ticked down. Early indicators of homebuyer demand, including tour requests and mortgage applications, are increasing from their low point. Pending...
Source: Fox Business — The housing market is showing early signs of recovery with pending sales of U.S. homes climbing for the first time in a year, according to new data from Redfin. Pending home sales rose 3% in December, the first month-over-month increase...
Source: Redfin — The housing market has begun to recover after hitting a low point in the second week of November. We’re not out of the woods yet, but homebuyers are coming off the sidelines: The number of Redfin customers requesting first tours has improved 17...
