A drop in new home sales, an increase in political trash talking, and a tribute to a multifamily sector leader. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 16-20. Miss: Off to a Bad Start. This week, the US Census...
More than half of Americans believe advances in artificial intelligence (AI) results could make it more difficult for them to become homeowners. According to a survey commissioned by Redfin, nearly three in five respondents (59%) feared that AI will result in the...
Mortgage rates surged in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.22% as of March 19, up from last week when it averaged 6.11%. A year ago at this time, it averaged 6.67%. The 15-year...
Mortgage applications for new home purchases increased 0.9% year-over-year in February, according to data from the Mortgage Bankers Association (MBA). Compared to January, applications decreased by 1%. The MBA estimated new single-family home sales were running at a...
A total of 297,045 single-family homes and condos were flipped nationwide in 2025. According to a data report from ATTOM, that was down by 3.9% from 2024’s total of 309,050, and it also marked the fewest home flips recorded in a year since 2020. Investors were...
Redfin’s Housing Affordability Scenarios Stretch From 2029 to Beyond 2036
