New lending restrictions and buyer preferences meant slower growth last month in mortgages for vacation homes and investment properties. Source: Inman News
Posts published in “Daryl Fairweather”
Pending sales data has its limits, but it’s also one of the best ways to try to predict the near-term future of the real estate…
Continued inventory shortages and heightened buyer demand led to a red-hot May where nearly 60 percent of homes went under contract in two weeks. Source:…
Demand for second homes and investment properties continues to hold steady at more than double pre-pandemic levels, despite Fannie and Freddie being ordered to limit…
Homes with a median sales price of $925,000 outperformed all other property classes, according to data analyzed by Redfin. Source: Inman News
Redfin is about to get a new second-in-command, all the while continuing its efforts to be consumers’ preferred one-stop real estate shop. Source: Inman News
Industry professionals painted a picture of a competitive market that only stands to get more intense as the weather gets nicer and more buyers come…
The median home sale price in the U.S. rose 14.4 percent to $336,200 in February, according to the latest numbers from Redfin. Source: Inman News
During the four-week period ending Feb. 28, the median home sale price and the four-week rolling average of median asking price on newly listed homes…
The average buyer broker commission rate iBuyers paid when they resold a home fell to 2.5 percent in 2020 from 2.8 percent in 2019, according…