The Fed pushed back against imminent rate cuts this week. Here's what that means for the housing market
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Source: biztoc.com
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Housing market thaws as new listings jump by the most in over 2 years and mortgage payments drop
None Mortgage payments dropped and new home listings rose by the most since 2021, Redfin said. • None Falling mortgage rates have pushed payments down from…
Source: biztoc.com
Homebuyer demand has crashed to its lowest level in almost a year as mortgage applications hover near a 3-decade low
None The unaffordable housing market is keeping prospective buyers on the sidelines. • None Mortgage-purchase applications are hovering near their lowest mark…
Source: biztoc.com
The housing market is so unaffordable that a record share of homebuyers are looking to relocate to cheaper cities despite rising natural disaster risks
None Redfin reported Wednesday that a record one-quarter of homebuyers are relocating due to lack of affordability. • None Phoenix and Las Vegas are two of…
Source: biztoc.com
Real estate investors are retreating from the housing market at a record pace
None Home purchases by investors fell 48.6% in the first quarter from a year ago, Redfin said. • None Thats the largest annual decline on record going back…
Source: biztoc.com