rising mortgage rates

Redfin Report: May Real Estate Market the Fastest on Record; Prices Up 6.3%

SEATTLE/ June 14, 2018 (STLRealEstate.News) — (NASDAQ: RDFN)–The typical home that sold in May went under contract in 34 days, according to Redfin (www.redfin.com), the next-generation real estate brokerage. May broke April’s record of 36 days, which was the fastest month Redfin had recorded going back to 2010.  Amid the speed, the national median home sale price rose … Continue reading Redfin Report: May Real Estate Market the Fastest on Record; Prices Up 6.3%

Landing the right house in a tough market for homebuyers

April 18, 2018 (AP) (STLRealEstate.News) — It’s tough out there for would-be homeowners. They’re facing rising mortgage rates, higher home prices and a shortage of available houses in many markets. Plus, recent changes to the tax law do them no favors. So what can a potential homebuyer do? GET PERSPECTIVE Higher mortgage rates may feel … Continue reading Landing the right house in a tough market for homebuyers