Mortgage rates continue to be a thorn in homebuyers’ side into the new year, as evidenced by a downturn in contract signings despite greater home tour activity. Redfin’s latest market report revealed its Homebuyer Demand Index, a seasonally adjusted measure of tours and other buying services from Redfin agents, grew 2 percent annually during the week ending on Jan. 5.
Source: Inman News
Home tours are on the rise — but buyers aren’t making offers
Published in Anaheim, cleveland, Emily Lam, home price growth, home tours, homebuyer demand index, homebuying seasonality, inman, Markets & Economy, miami, milwaukee, Mortgage, mortgage rates, pending home sales, portland, Redfin, san jose, seattle, Select, Virginia Beach, Virginia, Warren, Michigan and washington d.c.
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