There is always room for improvement, even in a well-oiled machine, and new joint research by Snapdocs and the STRATMOR Group found that 1-in-5 mortgage applicants experienced an ...
Read More »Homebound Young Adults Choosing to Pay Debts, Building Savings
For many, when it rains, it pours, and many new and young adults got dealt a bad hand at the outset of the pandemic, when lockdowns eliminated many ...
Read More »Purchase App Demand Continues to Shrink
Mortgage application volume fell yet again, remaining at multi-decade lows, as the MBA reported an 8% decline in overall refis apps, which now comprise just 30% of all applications nationwide.
Read More »Home Sellers’ Survey: A Look at ‘Slowing Real Estate Fundamentals’
According to a new Realtor.com survey, some 92% of people who sold their home within the last year accepted some buyer-friendly terms, and approximately 41% accepted some contingencies in ...
Read More »The Big Shift: Which Markets Favor Buyers vs. Sellers?
Knock has announced the unveiling of the Knock Buyer-Seller Market Index, revealing the U.S. housing market began to shift in July toward buyers for the first time since ...
Read More »‘Shrinkflation’s’ Impact on High-End Homes
The newest data from Zillow has revealed that the phenomenon known as “shrinkflation,” which most commonly occurs in consumer products, is occurring in the housing market as well ...
Read More »Home Prices Lose Steam in June
S&P CoreLogic Case-Shiller reported a deceleration in home prices nationwide, with markets in the western portion of the country reporting the most notable waning of home price growth.
Read More »Home Price Acceleration Tops 50% in June
A new blog post by Mark Fleming, the Chief Economist at First American Financial Corporation discusses the findings of the latest Real House Price Index (RHPI) covering June ...
Read More »More Affluent Buyers Turning to ARMs
An erratic mortgage rate market has not necessarily been a “farewell to ARMs,” as Zillow reports the share of ARM apps hit a 15-year high point, comprised primarily of those making nearly $75,000 more than the average borrower.
Read More »Homebuyers Compromise Priorities, Persevere Through Challenging Market
American homebuyers persevered through high prices and fierce competition in 2021 and 2022, but few landed their dream home as 80% reported compromising on their priorities, according to ...
Read More »