News Updates

REDFIN REPORTS $2,500 MONTHLY BUDGET BUYS A $400,000 HOME AS RATES DIP BELOW 6%

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Home sellers are starting to come off the sidelines to meet buyer demand as mortgage rates steadily decline, with new listings and pending sales both posting their smallest drops in four months A homebuyer on a $2,500 monthly budget can afford a $400,000 home for the first time in four months as mortgage rates dip below 6%, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The average

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Nearly Half of Mortgaged Homes Remain Equity-Rich but Portion Dips Slightly;Seriously Underwater Level of Mortgages Unchanged at Just Below 3 Percent;Sixteen Times as Many Mortgages are Equity Rich Versus Seriously Underwater ATTOM, a leading curator of real estate data nationwide for land and property data, released its fourth-quarter 2022 U.S. Home Equity & Underwater Report, which shows that 48 percent of mortgaged residential properties in the United States were considered equity-rich in the fourth

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Buyers are entering a calmer housing market, but with little incentive for homeowners with sub 3% mortgage rates to sell and 50 of the 100 largest markets expected to see inventory declines, they will continue to have a limited number of homes to choose from. Shoppers with some flexibility in terms of when and where they purchase may have a better chance of finding a home, according to the Knock Buyer-Seller

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S&P Dow Jones Indices (S&P DJI) released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released for November 2022 show that home price gains declined across the United States. More than 27 years of history are available for the data series and can be accessed in full by going to: https://www.spglobal.com/spdji/en/index-family/indicators/sp-corelogic-case-shiller/ YEAR-OVER-YEAR The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all

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The development will bring vital housing options to one of the fastest-growing cities in Texas as renters continue to battle surging rents and limited supply The NRP Group, a vertically integrated, award-winning developer, builder and manager of multifamily housing, has officially broken ground on ‘Ascent at Mountain Creek’ – a 324-unit mixed-income multifamily community located just 15 minutes outside of downtown Dallas. Fifty percent of the units will be reserved

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Now buyers and renters on Zillow can skip the filters and search the same way they’d describe their ideal home to a friend, including features like layout, location, style, condition, lifestyle and more Zillow has launched a new AI-powered feature that lets shoppers search for homes in the same way they would talk to their friends and family. Now home shoppers can enter phrases like “$700K homes in Charlotte with a