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Hits and Misses for the Real Estate Week of July 7-11

Gavin Newsom’s long-distance grant funding, a data access deal with three major MLSs, and investors hogging the homebuying market. Continue Reading Hits and Misses for the Real Estate Week of July 7-11 The post Hits and Misses for the Real Estate Week of July 7-11...

Report: Fewer Canadians Seeking to Buy US Homes

Historically, Canadians have made up the largest portion of international homebuyers in the US. Continue Reading Report: Fewer Canadians Seeking to Buy US Homes The post Report: Fewer Canadians Seeking to Buy US Homes appeared first on Weekly Real Estate News.Click...

Hits and Misses for the Real Estate Week of June 30-July 4

Property tax reform in Missouri, the future of Pope Leo’s childhood home, and Kim Jong Un’s beachfront resort. Continue Reading Hits and Misses for the Real Estate Week of June 30-July 4 The post Hits and Misses for the Real Estate Week of June 30-July 4 appeared...

Mortgage Rates Decline for Fifth Straight Week

The 30-year fixed-rate mortgage averaged 6.67% as of July 3. Continue Reading Mortgage Rates Decline for Fifth Straight Week The post Mortgage Rates Decline for Fifth Straight Week appeared first on Weekly Real Estate News.Click here to view the full...

Refinancing Fuels Upswing in Mortgage Application Activity

The Refinance Index increased 7% from the previous week and was 40% higher than the same week one year ago. Continue Reading Refinancing Fuels Upswing in Mortgage Application Activity The post Refinancing Fuels Upswing in Mortgage Application Activity appeared first...

Report: Pet Friendly Rentals Get Leased Faster

Pet-friendly rentals in the New York City metro area typically rented 26 days faster than units that did not accept pets. Continue Reading Report: Pet Friendly Rentals Get Leased Faster The post Report: Pet Friendly Rentals Get Leased Faster appeared first on Weekly...

Mortgage Rates Decline Again

The 30-year fixed-rate mortgage averaged 6.77% as of June 26. Continue Reading Mortgage Rates Decline Again The post Mortgage Rates Decline Again appeared first on Weekly Real Estate News.Click here to view the full...

Pending Home Sales Up in May

“Consistent job gains and rising wages are modestly helping the housing market,” said NAR Chief Economist Lawrence Yun. Continue Reading Pending Home Sales Up in May The post Pending Home Sales Up in May appeared first on Weekly Real Estate News.Click here to view the...

Report: Affordable Homeownership Remains Mostly Elusive

California had 16 of the 25 counties where affordable homeownership requires the highest annual income. Continue Reading Report: Affordable Homeownership Remains Mostly Elusive The post Report: Affordable Homeownership Remains Mostly Elusive appeared first on Weekly...

Redfin Reports Just 28% of Homes Selling Above Asking Price

Just over 28 percent of U.S. homes are selling above the asking price, down from 32 percent a year earlier, according to a new report from Redfin, the technology-powered real estate brokerage. That’s the lowest level for this time of year since 2020, when the start of...

Rocket Mortgage to Offer Bridge Loans for Homeowners

“With this new flexibility, buyers can quickly and confidently secure their next home,” said Rocket’s Bill Banfield. Continue Reading Rocket Mortgage to Offer Bridge Loans for Homeowners The post Rocket Mortgage to Offer Bridge Loans for Homeowners...