Category: Housing Market

What a dismal jobs report means for the housing market

April was supposed to be the month that proved America’s economy had definitively kicked back into full gear. After all, roughly one million jobs were added in March, roughly 40%… Read more »

Why you shouldn’t worry about the drop in new home sales

Today the Census Bureau reported that in February 2021, new single-family home sales were at a seasonally adjusted annual rate of 775,000. This was a big miss from estimates. Although… Read more »

Could the great refi boom finally be over?

A growing chorus of mortgage industry observers believe the final week of February might have been the last hurrah for sub-3% mortgage rates. And the proof is in the refi… Read more »

Housing Market Will Stay ‘Hot’ in the New Year

There’s no shortage of people ready, willing, and able to buy homes, according to the latest report from Redfin. In fact, the four-week period ending on December 13 has shown… Read more »

Future of remote work unclear, according to NAR

Since the pandemic caused many employers to shift employees to remote work – some indefinitely – homeowners have left cramped spaces in large cities and retreated to more suburban and… Read more »

Luxury housing market inspires ‘total frenzy’ in vacation-home boom towns like Aspen, Palm Beach and Lake Tahoe

In the third quarter, luxury home sales jumped 41.5%, the biggest year-over-year shift since 2013, according to Redfin. And while real estate agents repping luxury homes aren’t seeing as many… Read more »