Home tours, refis on the rise, but purchases remain tepid
Illustration by Lanette Behiry/Real Estate News Mortgage rates were relatively flat this week, remaining just under 6.5%, but buyers […] – Click here to read the...
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Trillion-Dollar Club: Top 10 Housing Markets By Aggregate Home Value
The U.S. housing market is hitting record heights , nearing $50 trillion in value as the number of trillion-dollar […] – Click here to read the full story from...
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Redfin CEO reacts to housing market with ’Twilight Zone’ conditions
Redfin CEO Glenn Kelman said Tuesday on the company’s second-quarter 2024 earnings call that he expects business to improve […] – Click here to read the full...
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Buyer agent commissions already falling, new report finds
Shutterstock It appears buyer agent commissions are already going down as the August 17 deadline for NAR settlement-driven rules […] – Click here to read the...
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Renter household growth triples the rate for homeowner households: Redfin
The supply of new single-family homes is sinking, while accelerated multifamily construction is bringing more rental units online. These […] – Click here to read...
Read MoreHomebuyers Are Backing Out of Deals at a Record Pace
(Photo 28880105 © Feverpitched | Dreamstime.com) June is generally a peak month for home sales, but you wouldn’t know […] – Click here to read the full story from southfloridareporter.com
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Real estate industry braces for commissions overhaul
The upcoming change will remove real estate agents’ incentive to steer buyers toward a listing with a higher commission. […] – Click here to read the full...
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Inventory of existing homes hits highest level since early in the pandemic
Sinking sales, rapidly rising inventory and prices at all-time highs — this is the state of the market for […] – Click here to read the full story from...
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Buyers backing out of deals in record numbers as market shifts
Shutterstock Key points: Redfin reported this week that home contract cancellations are back on the rise and hit the […] – Click here to read the full story from...
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The share of ‘stagnant’ listings is rising: Redfin
Sales of both new homes and existing ones have declined, and it’s affecting how long homes stay on the […] – Click here to read the full story from...
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