You Must Earn $107,000 A Year To Cover The Average Monthly Mortgage Payment – Redfin Report

By:
In: Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

It’s no secret that the housing market is tough for homebuyers, and now a new study suggests it could be even tougher. According to a new report from Redfin, American buyers will have to earn 45% more than last yearContinue Reading

860 Executives Being Laid Off By Redfin Amidst Slow Housing Market

By:
In: Realtor News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

Seattle-based Redfin Corp, the real estate brokerage, which operates in 95 markets, primarily the U.S. and Canada, is laying off more than 860 executives, or about 13 percent of its workforce, amid a downturn in the real estate sector, companyContinue Reading

More Than 55 percent of New Homes Built in the Last Two Years Face Fire Risk

By:
In: New Home Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

A new report from Home Redfin shows that the number of homes built in disaster areas in the United States is on the rise, with more than half (55%) of homes built in the past two years at risk. mediation. Continue Reading

Record Breaking $60.1 Billion In Purchase By Real Estate Investors in Second Quarter of 2022

By:
In: Realtor News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

Real estate investors bought 87,500 homes in the United States in the second quarter of 2022, according to a new analysis from Redfin, up 11% quarter-on-quarter and 5.9% year-on-year.  The total for the second quarter was down from the all-timeContinue Reading

Sellers In Worries As The Home Inventory Increases And Demand Drops

By:
In: Realtor News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

Sellers are getting stressed that they could miss the home purchasing craze and are thusly speeding up their courses of events to attempt to sell up before requests mellow excessively.  As home inventory is a variable figure in the presentContinue Reading

Bidding War Between Homebuyers Dropped for First Time in Last Six Months

By:
In: New Home Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

As per public property dealer Redfin, 65% of the home offers composed by Redfin specialists confronted contest on an occasionally changed premise in March 2022. That is down from an amended rate of 66.7% in February 2022, denoting the principalContinue Reading

New Home Construction on Record High

By:
In: New Home Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

As per another report from Redfin, over 34.1% of single-family homes available to be purchased all through the U.S. in December were a new development, up from 25.4% per year sooner and the most elevated offer on record. Recently assembledContinue Reading

Redfin to Acquire Bay Equity Home Loans for a Staggering $135 Million

By:
In: Home Equity News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 7

Last updated on April 13th, 2022 at 08:30 amRedfin Corp. has consented to get Bay Equity Home Loans in a money and-stock arrangement esteemed at generally $135 million, as the organization expects to be an all-inclusive resource for business, loaning,Continue Reading

Redfin Reports Mortgage Payments Increased Faster Than Rents for the 8th Consecutive Month in September

By:
In: Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 7

Last updated on October 31st, 2023 at 09:39 pmRegular monthly rents got high 11% nationally over the past year, the top growth rate in at least two years, according to a new report from Redfin, the technology-powered real estate brokerage. The nationalContinue Reading