Real estate investors purchased 17% of homes sold during the third quarter, up by a scant 1% from a 16% share recorded one year earlier. According to data from Redfin, the total investor home purchases came to roughly 52,000 transactions. Investors bought 1% more...
Starter home sales during October were up by 4.9% from one year according to a new data report from Redfin. In comparison, home sales for mid-priced (+0.7%) and high-priced (+0.8%) residences were also up from one year earlier. Among pending home sales, the starter...
Mortgage rates declined for the second straight week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate averaged 6.19% as of Dec. 4, down from last week when it averaged 6.23%. A year ago at this time, it...
Roughly 53,000 home purchase agreements were canceled in October, equal to 15.1% of homes that went under contract that month. According to a new data report from Redfin, the share of canceled deals was up from the 14.3% level in October 2024. The report is based on...
Mortgage application activity declined during the week ending Nov. 28, according to data from the Mortgage Bankers Association (MBA). The data included an adjustment for the Thanksgiving holiday. The Market Composite Index, the MBA’s measure of mortgage loan...
Zillow Cuts Its Late-2026 Home Sales Outlook as Rents Accelerate
