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.
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending May 27, 2022, U.S. mortgage applications decreased 2.3 percent from one week earlier.
According to a new report from The American Institute of Architects, U.S. demand for design services in March expanded sharply from February 2022.
Housing demand in California remained strong in March 2022 as the effects of rising interest rates have yet to be borne out while the statewide median home price sets another record high, primarily due to a surge in sales of higher-priced homes.
According to the National Association of Realtors, U.S. existing-home sales decreased in March 2022, marking two consecutive months of declines. Month-over-month, sales in March waned in three of the four major U.S. regions while holding steady in the West.
Posted on February 18, 2021