Data from Redfin shows that young white-collar workers are seizing on low mortgage rates and work-from-home policies to move to affordable cities. Source: Inman News
Posts published in “home prices”
Just as the real estate industry suspected, existing-home sales surged in 2020, up 5.9 percent from the year previous and to a level unseen since…
In a memo sent to the companies agents and employees, Robert Reffkin celebrated the company’s 2020 achievements and looked ahead to the upcoming year. Source:…
The average wage fell below the level needed to afford the typical home in the fourth quarter of 2020, according to ATTOM Data Solutions. Source:…
Phoenix, Seattle and San Diego continue to lead the way in home sale price increases. Source: Inman News
A handful of economists shared with Inman their forecasts for home sales and prices, inventory, the impact of a coronavirus vaccine and the risk of…
The sales rate of new single-family homes dropped 11 percent from October to November, according to data released Wednesday by the U.S. Census Bureau. Source:…
Prices were up 10.2 percent from October 2019 to October 2020, according to the Federal Housing Finance Authority’s monthly home price index, released on Wednesday. …
More stimulus is needed to prevent the economy from hitting another “soft-spot,” according to economists who spoke at an annual summit hosted by NAR. Source:…
The Pending Home Sales Index, an indicator of future sales based on contract signings, rose 20.2 percent from October 2019, according to the National Association…