by Phil Hall | Sep 12, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive
Mortgage-rate locks for second homes plummeted by 13.1% year-over-year in August to the lowest level since March 2016 on a seasonally adjusted basis, according to new data by Redfin (NASDAQ: RDFN). In comparison, mortgage-rate locks for primary homes declined 5.2%....
by Phil Hall | May 13, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive
Enthusiasm for vacation homes waned during 2023, according to new data from Redfin (NASDAQ:RDFN). Last year, homebuyers took out 90,772 mortgages for second homes in 2023, down 40% from a year earlier and down 65% from the pandemic housing boom’s 2021 peak. In...