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Prices surged in February amid ‘extreme shortage of homes’

The median home-sale price rose to an all-time high of $363,975 in February, and Russia’s war on Ukraine is partially to blame, a new Redfin report says.

Weak mortgage demand could get a big boost as Ukraine crisis causes interest rates to drop sharply

Mortgage demand fell last week as rates rose, but that may all change this week as rates drop again, and sharply.

Mortgage rates plunge just as home prices set another record

Mortgage rates are sinking, and that means home prices are likely to continue surging.

Week Ahead – Shock waves

Massive uncertainty remains It’s been another week of significant volatility in financial markets and there’s little reason to expect next week will be any different. The Russian invasion of Ukraine sent shock waves around the world and the ripple effects were felt throughout the markets as investors were forced to consider what the consequences would […]

Mortgage applications drop to lowest level in over 2 years

Total mortgage applications decreased 13.1% last week to the lowest level since December 2019, according to the Mortgage Bankers Association.

A record low number of consumers say now is a good time to buy a home

High home prices and rising mortgage rates have caused consumer sentiment in housing to drop.

Kukun Expands Leadership to Include Economic and Data Science Experts

Industry dynamos, Ralph McLaughlin and Dong Xiang, join proptech startup as company grows user base MENLO PARK, Calif.–(BUSINESS WIRE)–Kukun, the leading proptech platform and originator of property data, home valuations, and homeowner investment solutions, announced today the addition of two housing industry veterans to its leadership team. Ralph McLaughlin has been named Chief Economist and […]

The post Kukun Expands Leadership to Include Economic and Data Science Experts appeared first on Fintech News.

Home prices surged in November, but at a slower rate than in October, S&P Case-Shiller says

Even as the housing market entered its traditionally slower season in November, home prices showed big gains from a year ago.

How many records can Southern California home prices break? Last year, 10

Southern California home prices hit a record high in December, the 10th record in 2021. Analysts see the housing market cooling slightly this year.

News Quiz: Do you know the biggest stories for the week of Jan. 16?

Vishal Garg, WeWork and eXp Realty made headlines this week. Test your knowledge of the week's biggest real estate stories to determine if you're up to date on the biggest industry news.

Hot Hobart seller’s market still growing

Most Hobart home sellers in the September quarter have turned at least a $240,000 profit on the price they paid for their property, a report has revealed.

The post Hot Hobart seller’s market still growing appeared first on realestate.com.au.

CoreLogic acquires Prospects Software following long partnership

More than 500,000 real estate pros across more than 300 markets have access to Prospects' mobile multiple listing service and customer relationship management tools.

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