So far this year, some homebuyers and home sellers seem to have gone missing. We can’t help but wonder: are they coming late to the party, or is it just going to be a smaller, quieter party this year?
Redfin recently hosted a Google Hangout with mortgage expert John Wheaton to discuss how new lending regulations will impact homebuyers in 2014. If you missed the event, don’t fret! We’ve got all the key takeaways.
While the real estate market typically softens as the holiday season nears, this November saw an unexpectedly sharp drop in sales. In November, home sales fell below 2012 levels for the first time this year, dropping 10.9 percent year over year and 16.8 percent from October.