The median down payment for U.S. homebuyers in February was $55,640, according to new data report from Redfin (NASDAQ: RDFN). This marks a 24.1% upswing from $44,850 one year earlier, which is the largest annual percentage increase since April 2022. Home prices rose...
The National Association of Realtors (NAR) and the Mortgage Bankers Association (MBA) sent a letter to the Federal Housing Finance Agency, Federal Housing Administration, Fannie Mae, and Freddie Mac requesting confirmation that homebuyers can continue to access...
It has become more affordable to rent a home than buying a residence in the top 50 U.S. metros, according to the latest Realtor.com Rental Report. During February, the cost of buying a starter home in the top 50 metros was $1,027 (60.1%) higher than renting one – in...
Alosant, a Bozeman, Montana-based proptech, announced the upcoming introduction of the Alosant Home Buyer Experience, a consumer-focused product described as “filling a void in the real estate market by humanizing the entire home buying journey.” According to the...
Koya, a Santa Monica, California-headquartered real estate startup, announced the upcoming launch of a for sale by owner (FSBO) software platform designed to connect buyers and sellers to act as their own agents during the home sale process. According to the company,...