U.S. Housing Market Updates
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Report: Typical Home Seller Wants 9% More Than the Typical Buyer Is Willing to Pay
While the median list price rose 6.2% year-over-year in March. the median sale price only rose by 2.5% Continue Reading Report: Typical Home Seller Wants 9% More Than the Typical Buyer Is Willing to Pay
Q1 US Homeownership Rate Down Slightly
The first quarter homeownership rate was highest in the Midwest (69.3%), followed by the South (67.1%), then the Northeast (61.0%) and the West (60.6%). Continue Reading Q1 US Homeownership Rate Down Slightly
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Existing Home Sales Score First Year-Over-Year Hike Since July 2021
First-time buyers were responsible for 27% of sales in October. Continue Reading Existing Home Sales Score First Year-Over-Year Hike Since July 2021
Report: Refinancing Fueled Q3 Mortgage Lending Activity
Mortgage rollovers were up by 6.9% quarterly to about 588,000. Continue Reading Report: Refinancing Fueled Q3 Mortgage Lending Activity
Survey: Most Buyers Move to Find a Bigger and Better Home
Redfin found that women (20%) were more likely than men (13.8%) to cite a concern for safety/crime as a reason for moving. Continue Reading Survey: Most Buyers Move to Find a Bigger and Better Home
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