The average home listing is now selling for 1.8% its asking price, the biggest discount in nearly two years, according to a new data report from Redfin (NASDAQ: RDFN). Adding insult to injury, the typical home that sells takes 56 days to go under contract, the longest...
PennyMac Financial Services Inc. (NYSE: PFSI) has debuted “Bring It Home,” a new video series where PennyMac home loan experts offer insights on the homeownership journey. According to the company, the new video series will be hosted on PennyMac’s website and YouTube...
First-time Canadian homebuyers are facing steep obstacles in price appreciation, rapid population growth, and a limited supply of affordable housing stock, according to the newly published RE/MAX Canada’s Nation of Renters Report. The report stated the erosion...
Only 15% of California homebuyers could afford to purchase a median-priced, existing single-family home in the state during the fourth quarter of 2024, according to the latest data from the California Association of Realtors’ Housing Affordability Index. This is down...
Texas led the nation in 2024 for new house permits, accounting for 15% of the national total despite only having a 9% share of the population. According to new data from Realtor.com, more than one in four people looking to buy a home in Texas are from out of state,...
Zillow Cuts Its Late-2026 Home Sales Outlook as Rents Accelerate
