Tag: Daily Dose

Median Prices Rise in the Least Affordable Metros

San Diego recently surpassed San Francisco as the nation’s least affordable metro area, as home prices rose 14.3% year-over-year. The latest OJO Labs unaffordability report showed San Diego bypass both San Francisco and… Read more »

Pending Home Sales Slide 2.2% in November

According to the National Association of Realtors (NAR), pending home sales slipped in November, dropping 2.2.% from October as found by NAR’s Pending Home Sales Index (PHSI), a forward-looking indicator… Read more »

Zillow to Close iBuying Division

Zillow, a Seattle-based real estate and financial services company, has announced the closing of its iBuying division Zillow Offers effective immediately. The move represents a significant move away from one of its core means of revenue and the elimination… Read more »

Bidding Wars Dropped to 2021 Low in September

In September, 58.9% of home offers written by Redfin agents faced competition, a record low for 2021, according to a new report. That’s down from a revised rate of 60.8%… Read more »

The Week Ahead: The Pandemic’s Impact on the Rental Market

On Friday, October 29, the Joint Center for Housing Studies of Harvard University will present the virtual session, “How Have Renters Responded to Financial Stress in the Pandemic?” from 11:15… Read more »