As mortgage rates have dropped from a roughly 7 percent peak, buyers can now buy homes about 84 square feet larger than those they could…
Posts published in “homebuying”
Mortgage rate swing created ‘more normal’ market in December
By The Citizen on January 19, 2023
Slowing mortgage rate growth impacted homebuyers and sellers in different ways in December, according to Zillow’s latest market report. The dip was enough for buyers…
Glenn Kelman calls millennials ‘the roommate generation’
By The Citizen on January 12, 2023
For years, real estate professionals have looked to millennials to push the housing market forward as previous generations slow their homebuying and homeselling activities. However,…
This is where it takes the longest amount of time to save up for a home
By The Citizen on January 10, 2023
In Glendale, California, a homebuyer with a median household income for the area can expect to save for 15.1 grueling years, compared to counterparts in…
Pending home sales post record drop as deals die and price cuts soar
By The Citizen on November 21, 2022
Inflation and mortgage rates took a hefty toll on homebuyers in October, with a record 60,000 home-purchase cancellations during the month, according to new data…
Zillow launches street-view home searching with Apple Maps
By The Citizen on October 6, 2022
Homebuyers can now get a street-view look at listings, thanks to Zillow’s newest integration with Apple Maps. Dubbed “Look Around,” the feature is available in…
Redfin adds down payment assistance feature to website
By The Citizen on October 6, 2022
Starting Thursday, homebuyers can scout down payment assistance programs on Redfin listings, thanks to the brokerage’s new partnership with Down Payment Resource. Source: Inman News
The most advantageous time to buy a home is right now, new data shows
By The Citizen on October 6, 2022
The housing market’s summer rush may have lessened the impact of a deep drop in demand, according to new data from Attom. But what will…
Bidding wars fall to lowest level of pandemic as mortgage rates inch up
By The Citizen on September 23, 2022
Only 44.6 percent of offers written by Redfin agents in August faced competition, the lowest rate since April of 2020, according to new data released…
How Realtors can guide clients to a transparent buying process
By The Citizen on September 22, 2022
Companies seeking to use technology to add transparency and reduce friction in the homebuying process are particularly useful now, experts said during an Inman Connect…