The typical down payment in during the third quarter was $30,400, according to a new data report from Realtor.com. That sum is roughly $500 higher than the second quarter’s level and nearly unchanged from one year earlier. During the third quarter, the average down...
A new report published by the St. Louis Realtors Association has defined the racial disparities that continue to impact the regional housing market. The report, titled “Reimagining St. Louis: A Data-Driven Plan for Fair Homeownership,” analyzed 75,000 home...
Roughly 56,000 home purchase agreements were canceled in August, equal to 15.1% of homes that went under contract that month, according to a new data report from Redfin. This is up from 14.3% one year earlier and marked the highest August rate in records dating back...
Nearly one in three homes sold in the first half of this year were purchased in all-cash transactions, according to a new data report from Realtor.com. Nationwide, 32.8% of home sales in the first year’s first six months were all-cash transactions, down slightly from...
More Than a Market Cycle I’ve been in this industry long enough to see markets rise and fall, interest rates swing wildly, and consumer sentiment shift almost overnight. We’ve seen booms that made headlines and busts that left scars. Yet through it all, one constant...