More buyers have been backing out of deals than at any time since the early weeks of the pandemic. And in July, that share ticked…
Posts published in “Taylor Marr”
“Buyers are backing off due to rising housing costs and sellers are holding back because they realize they won’t get the bidding war they would…
The share of homes listed for 30 days or longer increased 12.5 percent in July compared to a year earlier, with 61.2 percent of homes…
Redfin’s Homebuyer Demand Index rose 7 points during the last week of July, while mortgage purchase applications rose for the first time in five weeks,…
Redfin’s Homebuyer Demand Index increased 15 points since June 15, reversing 10 straight weeks of decreasing demand that started in mid-April. Source: Inman News
Q2 Consumer price growth exceeded 10 percent year-over-year in Phoenix, Atlanta, Miami and Tampa — each of which had among the nation’s strongest net inflow…
A new report from the Fed suggests it was spiking demand, not a lack of homes for sale, that sent prices skyrocketing over the past…
Mortgage locks for second homes fell 4 percent from pre-pandemic levels in May as mortgage rates rose to nearly 6 percent and the housing market…
The slowing demand for homes is affecting the balance of power between buyers and sellers, according to two new reports from Redfin. Source: Inman News
Homebuyer budgets increased by 0.3 percent annually while prices tallied record gains, according to a new analysis by Redfin released Monday. Source: Inman News