All-cash home purchases dropped to its lowest March level in six years, as mortgage rates are down, comparatively, and buyers hold negotiating power. Processing Content Just less than 29% of homebuyers in the United States paid in all cash in March, a full percentage point drop from 29.8% a year earlier and tied with 2021 […]
All-cash home sales drop to lowest share in 6 years Read More »
Property taxes have surged 30% since 2019, and homeowners shouldn’t expect relief anytime soon, according to a new LendingTree study that found a 5.1% increase across every major U.S. metro area between 2023 and 2024. Processing Content In 2024, the median property tax burden was $3,119 for all homeowners. But for those paying a mortgage,
Property taxes up 30% since pandemic, with no relief in sight Read More »
The gap between inflation and home-price growth widened in March, as price gains continued to slow, an industry report found. Processing Content The S&P Cotality Case-Shiller home price index rose 0.7% annually in March, down from a 0.8% increase in the previous month. More than half of the major metropolitan markets in the United States
Gap between inflation and home-price growth widens in March Read More »
The housing market is seeing its best start to home buying season in years, thanks to competitive seller pricing, according to a report from Realtor.com. Processing Content Year to date, new seller listings are up 1.4% compared to 12 months earlier, while contract signings grew 2.9% versus 2025, the home buying platform said in its
Surprise! Contract signings, listings point to best spring in years Read More »
As buyers return to the market this spring, the percentage of home sellers cutting their asking price is falling and home prices are rising, according to a Redfin report. Processing Content Just over 35% of sellers in the United States decreased their asking price in April, down from 35.6% in March on a seasonally-adjusted basis
Fewer sellers cutting prices as spring buyers return Read More »
Redwood Trust has priced a $125 million debt offering, with some of the proceeds going to fund its three mortgage banking platforms, the company said. Processing Content The 9.75% senior notes due 2031 will be traded on the New York Stock Exchange, if approved, starting 30 days after issuance. The deal is expected to close
Redwood Trust adds debt to fund growth in mortgage channels Read More »
The Northeast and West Coast make up most of the top rental markets this summer, as was the case for the top housing markets in 2026. Processing Content Providence, Rhode Island, headed Zillow’s hottest rental markets list, beating out New York and San Francisco, the company announced in a press release Monday. Hartford, Connecticut, Los
Northeast, West Coast make up the hottest rental markets Read More »
Three mortgage companies are expanding their third-party origination footprints in different ways. Processing Content Achieve is starting a correspondent channel to help market its fixed-rate home equity line of credit product. Nectar Kalajian has joined the company to head up this effort, Achieve Pro, as the managing director of Achieve Home Loans. Among Kalajian’s past
HELOC players expand correspondent, TPO offerings Read More »
Although the war in Iran has heightened affordability struggles for potential homebuyers, real estate agents are more optimistic about the housing market than they were a month ago. Processing Content The Real Brokerage’s Agent Optimism Index, which measures agents’ 12-month forward outlook, increased to 64 in April from 62 in March. While notably below February’s
Real estate agents show more optimism in 2026 housing market Read More »
Mortgage activity increased last week, despite rates jumping to their highest point in nearly a month. Processing Content The Mortgage Bankers Association’s Market Composite Index found mortgage applications rose 1.7% on a seasonally-adjusted basis from one week prior for the period ending May 8. The index climbed 2% on an unadjusted basis. This comes after
Buyers shrug off rates, push mortgage apps higher Read More »