Demographics Higher Fees, Interest Rates, and Mortgage Rejections for Black, Hispanic Buyers Despite having similar financial situations, Black and Hispanic homebuyers are more likely to be denied mortgages compared to White buyers,...
Market Data + Trends Home Values Increase Up to 9% Year-Over-Year Nationwide Zillow’s January market report shows steady growth for home values, shortened listing time, and a strong year for home sales. Home values...
Market Data + Trends Bidding Wars Are Top Reason Active Buyers Remain Unsuccessful Nearly 70% of active buyers still searching for a home last quarter have spent up to three months on the hunt, with most blaming getting...
Financing Mortgage Delinquencies Fall to Pandemic Low The latest reading by CoreLogic found the number of mortgage delinquencies fell to a pandemic low at the end of November, yet the number of...
Market Data + Trends Increasing Number of Prospective Buyers Are Turning Active The National Association of Home Builders says low mortgage rates, a desire for more space, and the suburbs are the main reasons prospective...
Market Data + Trends Buyers Face Tough Conditions as Housing Inventory Drops 43% Annually If homebuyers are fed up with the rising home prices and low inventory now, the upcoming spring homebuying season could make this season...
Sales Debunking Common Homebuying Myths There are six primary myths when it comes to home buying that many renters still believe, but knowing the facts could inform renters that...
Market Data + Trends Survey Finds First-Time Buyers Face New Difficulties The housing market continues to warmly welcome first-time buyers with bidding wars, record-high home prices, and a shortage of inventory....
Financials How Will Rising Mortgage Rates Affect Homebuying? Mortgage rates dipped slightly this week due to investor activity, but that may be the last of it. Freddie Mac reported the 20-year fixed...
Financing Average Homebuyer Loan Hits Another Record High While mortgage demand fell last week and mortgage rates increased, the average homebuyer loan hit a new high amid rising home prices. CNBC...