Only 1% of all U.S. homes, or approximately 14 of every 1,000 residences, changed hands during the first half of 2023, according to data from Redfin (NASDAQ:RDFN). That’s down from 19 of every 1,000 during the same period of pre-pandemic 2019 and the lowest turnover...
The homeownership rate for Ohio tied its lowest recorded level, according to a report from the Dayton Daily News. The state’s homeownership rate was 66% in 2022. The only time the rate fell that low was in 2017 – the rate has been tracked since 1984. The highest rate...
The median home sale price increased year-over-year by 1.5% during the four weeks ending July 9, according to data from Redfin (NASDAQ:RDFN), which noted this was first increase in nearly five months. The median home sale price of $383,750 was only $2,500 below record...
UnlistedHomes.com, a Dayton, Ohio-headquartered platform for off-market real estate listings, has launched an AI-powered home search engine backed by ChatGPT. According to the company, the ChatGPT integration provides a more streamlined mechanism where users can enter...
U.S. Bank (NYSE:USB) has launched a mortgage special purpose credit program designed to expand access to homeownership within predominantly minority communities. The U.S. Bank Access Home Loan provides qualified borrowers with up to $12,500 in down payment assistance...
UWM Says VantageScore 4.0 Improves Results for 1 in 4 Borrowers
