Realtor.com reports that home price growth is expected to ease in the weeks ahead, pointing toward a rebalancing of market conditions.
Read More »Home Price Growth Continues to Wow
Prices grew at an annualized rate of over 19% last quarter, further pressuring homeseekers to make every penny count.
Read More »AVMs: Why One Size Doesn’t Fit All
Jon Wierks of First American Data & Analytics explains that when it comes to AVMs, success depends on ensuring that the right tools are matched with the right needs.
Read More »Despite Mortgage Rate Dropoff, Refis ‘Expected to Remain Depressed’
Mortgage application volume fell slightly week-over-week, even as rates fell sharply amid fears of a worsening economic outlook.
Read More »Homebuyers Still Believe That 20% Down Is a Necessity
Among renters and non-homeowners, many believe that the once-standard down payment of 20% is a rule, not a recommendation, on the path to homeownership.
Read More »Nationwide, Housing Inventory Remains Scarce Amid Record High Interest Rates
The number of contract volume and new net listings experienced the largest decrease since June 2020, while the share of price drops increased 132% overall year-over-year.
Read More »Bay Area Housing Market Cooling the Quickest
Redfin reports that San Jose, Oakland, and San Francisco are among the fastest-cooling housing markets nationwide, as mortgage rates remain above 5%, pricing many potential buyers out of the market.
Read More »Mortgage Tech Update: Part II
Hybrid work-from-home models and consumer demand for slick apps and digital self-service have turned the way the industry does business upside down. MReport assembled a panel of experts to discuss how the mortgage sector is working to keep up with both homebuyer and internal team demands in the second part of this two-part series.
Read More »Changes to Commission Structure Threatens Minorities’ Access to Housing
Changes in how the commissions of real estate agents are paid could affect the most at-risk buyers first, according to a new report.
Read More »Rent Growth Eases in June
Asking rents may have risen 14% YoY in June, but Redfin reports a slowdown in rent growth as landlords respond to a tightening in tenant budgets spurred by inflationary concerns.
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