Coronavirus Housing Market News
Homebuyer Bidding War Rate Drops to 2021 Low in September
59% of home offers faced competition in September, the lowest level in nine months, amid a seasonal housing-market slowdown and an uptick in mortgage rates.
Housing Market Update: Fast Sales Increasingly Common This Fall
Homebuyer demand outstrips supply as mortgage rates creep up: demand has grown 15X faster than supply since 2019.
Second-Home Demand Jumps in September, Bouncing Back After Summer Slowdown
Demand for second homes was up 60% from pre-pandemic levels in September, an uptick from July’s 40% increase but still below March’s record growth. In
Housing Market Update: One-Third of Homes Find Buyers Within a Week
This represents an uptick in the share of homes selling quickly, which is unexpected for this time of year. New listings fell 8% and sellers backed off from their record-high asking prices.
Housing Market Update: Homebuyers’ Average Monthly Mortgage Payment Rose $50 in the Last 6 Weeks
Mortgage rates rose above 3% for the first time since June and asking prices set a record high, but homebuyers aren’t slowing down.
Housing Market Update: Asking Prices Up 12% to All-Time High
Despite optimism from people listing their homes for sale, pending sales and new listings followed expected seasonal slowdowns.
Homebuyer Bidding War Rate Drops to 2021 Low in September
59% of home offers faced competition in September, the lowest level in nine months, amid a seasonal housing-market slowdown and an uptick in mortgage rates.
Housing Market Update: Fast Sales Increasingly Common This Fall
Homebuyer demand outstrips supply as mortgage rates creep up: demand has grown 15X faster than supply since 2019.
Second-Home Demand Jumps in September, Bouncing Back After Summer Slowdown
Demand for second homes was up 60% from pre-pandemic levels in September, an uptick from July’s 40% increase but still below March’s record growth. In
Housing Market Update: One-Third of Homes Find Buyers Within a Week
This represents an uptick in the share of homes selling quickly, which is unexpected for this time of year. New listings fell 8% and sellers backed off from their record-high asking prices.
Housing Market Update: Homebuyers’ Average Monthly Mortgage Payment Rose $50 in the Last 6 Weeks
Mortgage rates rose above 3% for the first time since June and asking prices set a record high, but homebuyers aren’t slowing down.
Housing Market Update: Asking Prices Up 12% to All-Time High
Despite optimism from people listing their homes for sale, pending sales and new listings followed expected seasonal slowdowns.