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Month: December 2020

Record Prices and the Pandemic Slow Down Home Sales in November

December 29, 2020 0

Existing-home sales in the U.S. fell in November 2020, ending a five-month streak of monthly gains, according to a report by the National Association of […]

Commercial Real Estate Loans Decline 34 Percent in 2020

December 29, 2020 0

Commercial and multifamily mortgage bankers are expected to close $395 billion of loans backed by income-producing properties in 2020, a 34 percent decline from 2019’s […]

Low Mortgage Rates and a Hot Stock Market Drive Down All-Cash Home Purchases

December 29, 2020 0

Nearly a quarter of all home sales in the U.S. were paid for outright, according to a report by Redfin. About 24.3 percent of homes […]

Mortgage Rates Hit a New Record Low, Reports Freddie Mac

December 20, 2020 0

The rate on a 30-year fixed hit a new low this week of 2.67 percent, according to Freddie Mac. It’s the first time the average 30-year […]

San Diego Ranks First in Home Bidding Wars Says Redfin

December 20, 2020 0

National property broker Redfin is reporting this week that 53.6 percent of U.S. home offers written by Redfin agents nationwide faced competition in November 2020.  […]

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RSS Latest Real Estate News

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  • Existing home sales in 2020 hit highest point since 2006, but listings are at a record low January 22, 2021
  • These are the five hottest – and three coldest – markets for home prices in 2021 January 21, 2021
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