According to Eliza Theiss of CommercialEdge, remote and hybrid work models were considered niche setups just a little over two years ago, but today, these trends seem here to stay.
Based on a new report from Redfin, nationwide, 57.8% of home offers written by Redfin agents faced competition on a seasonally adjusted basis in May, the lowest level since February 2021.
Today's announcement by the Federal Reserve set a big increase in interest rates and means several more rounds of rate hikes are on the way in upcoming months.
According to the latest National Association of Home Builders Wells Fargo Housing Market Index, rising inflation and higher mortgage rates are slowing traffic of prospective homebuyers and putting a damper on builder sentiment.
According to ATTOM's May 2022 U.S. Foreclosure Market Report, there were a total of 30,881 U.S. properties with foreclosure filings -- default notices, scheduled auctions or bank repossessions -- up 1 percent from a month ago but up 185 percent from a year ago.
Posted on May 19, 2022
Posted on May 05, 2022