Housing Market
All Reports
March 11, 2021
iBuying companies bought just 0.3% of U.S. homes that sold in the fourth quarter. While that’s up slightly from 0.2% in the third quarter, it remains below the 0.8% market share they held at the end of 2019. The nation’s top iBuying companies purchased 3,505 homes in the fourth quarter of 2020, down 48% from […]
March 11, 2021
The housing market has gained $4 trillion in value in the past year as cash-rich Americans have transferred their wealth from major hubs like San Francisco and New York to relatively affordable cities with more space and sunshine. The result is skyrocketing home values—a benefit for homeowners but a barrier for many first-time buyers. The […]
March 10, 2021
Remote workers seeking space for offices and a simpler lifestyle are searching for homes in places like Lake Tahoe, Santa Cruz and Cape Cod. Meanwhile, big cities like New York are cooling down. Housing markets in vacation destinations and relatively affordable suburbs of big cities have heated up more than any other area over the […]
March 8, 2021
Forty-four percent of respondents to a recent Redfin survey said mortgage rates rising above 3.5% would have no impact on their homebuying plans. A homebuyer would lose $23,250 in spending power with a mortgage rate of 3.25% versus a 2.75% rate, where they were sitting late last year and early this year. At a 3.25% […]
March 5, 2021
Home sales were up 18% from 2020 and home price gains hit a new record of 16% despite widespread winter storms and rising mortgage rates.
