“In a homebuyer’s ideal world, rising mortgage rates would push demand and home prices down enough to make up for high interest payments. But that’s not what’s happening now,” said Redfin Economics Research Lead Chen Zhao.
Most Recent Articles
Guild Mortgage Appoints New SVP of Community Lending Solutions
Industry expert Nora Guerra joins Guild Mortgage to foster the company's dedication to fulfilling the promise of homeownership for all. The post Guild Mortgage Appoints New SVP of Community...
Xactus Names New Chief Marketing Officer
Sasha Stair brings more than 20 years of experience with leadership roles at Snapdocs, Common Securitization Solutions, and Black Knight Financial to her new role with the fintech provider where...
Pending Home Sales Climb to Highest Level Since March
The National Association of Realtors revealed that pending home sales increased in September, while contract signings increased nationwide as buyers benefited from the combination of lower...
ServiceLink Adds New SVP of Product Innovation
Hemanth Panyam joins provider of valuation, title and closing, and flood services where he will be responsible for bringing new products to life, working with operations and sales staff to meet...
HUD Allots Funds to Increase Homeownership Affordability, Reduce Housing Costs
While housing affordability has remained a hot topic in the ongoing presidential race, new funding from the U.S. Department of Housing and Urban Development (HUD) will enable local organizations...
Four in Five Recent Homebuyers Interested in Refis
A new TransUnion survey shows that refinancing may alleviate strain on personal finances to homeowners as rates begin to fall, and reveals the factors that are driving consumers to pull the...
Where Are the Most Expensive ZIP Codes in the U.S.?
As luxury markets continue to rebound, PropertyShark examines the 100 most expensive ZIP codes nationwide. The post Where Are the Most Expensive ZIP Codes in the U.S.? first appeared on The...
BDF Law Group Continues Growth
The firm, specializing in foreclosure, litigation, bankruptcy, evictions, and collections services, has expanded its footprint to 10 states with the addition of new offices in Alabama,...
Enhancing Revenue Opportunities for Real Estate Agents With USRES & RES.NET
While technology can have a big impact on an agent's capacity to optimize income prospects in the highly competitive real estate market, USRES and RES.NET have revealed a variety of products and...
Survey Examines Financial Gap Between Young Homeowners and Renters
A new Redfin survey shows the gap between homeowners and renters in younger generations is much larger than the gap in older generations, as millennials, baby boomers, Gen X, and Gen Zers weigh in...
Freddie Mac Enhances Product Selection With an Emphasis on First-Time Buyers
“We have been working to create new technology features that simplify the mortgage process and reduce costs for both borrowers and lenders,” said Sonu Mittal, SVP and Head of Single-Family...
Nonprofits Leverage ADUs to Tackle Affordable Housing Crisis
Accessory dwelling units are emerging as a solution to the affordable housing situation, as nonprofits are leading innovative efforts across the U.S. The post Nonprofits Leverage ADUs to Tackle...
Home Price Growth Showing ‘Signs of Strain’
“As students went back to school, home price shoppers appeared less willing to push the Index higher than in the summer months," said Brian D. Luke, Head of Commodities, Real & Digital Assets at...
HUD and FHFA Increase Transparency in Home Appraisals
“Today’s release advances our commitment to ensuring all Americans receive fair and accurate appraisals,” said HUD Assistant Secretary for Housing Julia Gordon. The post HUD and FHFA Increase...
Property Taxes: Increases, Payments, and Where They’re Surging Most
Nearly every major U.S. metro area has seen a significant spike in property tax bills since 2019, according to new Redfin data, which showed that three of the five metro areas with the largest...
MBA: Originations to Rise Significantly in 2025
The Mortgage Bankers Association adjusts its purchase origination forecast for 2025, examining the impact of unemployment and monetary policy on the housing market moving forward. The post MBA:...
Fannie Mae Executes Final CIRT With New Enhancements
In a new release, Fannie Mae announced that it has executed its seventh and final Credit Insurance Risk Transfer (CIRT) transaction of the year, revealing that if the covered pool of loans...
Renters Reveal Amenity Preferences, Keywords Used to Find Rentals
While U.S. home prices remain elevated, many Americans are increasingly choosing rental homes as their first choice because more of them are prepared and able to pay more to have the space and...
How Many U.S. Homeowners Remain Equity-Rich?
"Homeowner equity typically mirrors home-price trends, and the third quarter of this year followed that pattern," said Rob Barber, CEO for ATTOM. "Equity remained elevated as the value of...
Home Prices Dip in Top U.S. Cities
The U.S. housing market is showing signs of relief for buyers, as home prices drop in more than half of the largest metropolitan areas. According to the Realtor.com® September Housing Market...