The share of homebuyers looking to relocate hit a new record high of 32.4% in January 2022.
As Remote Work Options Increase, Migration to New...
The 2021 home price uptick of +18.8% y/y was a huge jump from 2020's increase of +10.4%.
Biggest Home Price Increase in History of S&P...
The average contract interest rate just set a new record for 30-year fixed rate mortgages at 4.05%.
Average Interest Rate Jumped from 3.83% to 4.05%...
Here is the latest data on US housing inventory metrics in January 2022.
Federal Reserve Bank of St. Louis (FRED) Data on Current Housing Market
Name...
2021 marked the highest revenue and profit year in eXp's history. Such results were driven by a +72% y/y in agent growth.
eXp World Holdings...
70% of home offers faced bidding wars in January.
Thought Bidding Wars Were Fading? Think Again!
If you and/or your buying clients were expecting to face...
During the past month, more than 50% of new listings found buyers within 2 weeks.
Homes Selling at Fastest Pace on Record
According to a just...
Sales of existing homes jumped +6.7% m/m in January 2022
Existing Home Sales Bumped Up +6.7% m/m from December to January
Existing home sales surprisingly jumped...
Pandemic migration moves from the big city to outlying areas are alive and well in Mexico City. The result? Heightened inventory and suppressed prices.
Lots...
Zillow is looking to double its Premier Agent niche by 2025.
Zillow Returning to Roots of Agent Lead Gen for More Revenue
Zillow's financial success has...
