A Nice Treat for Homebuyers: Summer Competition Eases [INFOGRAPHIC]

And lower interest rates are the cherry on top

Sources:

[1] Redfin.com, “1 in 8 Redfin Offers Faced Competition in June.”

[2] Freddie Mac, Primary Mortgage Market Survey®.

[3] NAHREP®, 2018 State of Hispanic Homeownership Report.

[4] U.S. Census Bureau, Quarterly Residential Vacancies and Homeownership, Second Quarter 2019.

[5] Urban Institute, Headship and Homeownership, June 2015.

[6] U.S. Census Bureau, Monthly New Residential Sales, June 2019.

[7] National Association of Realtors® (NAR), Existing-Home Sales, June 2019.

Market Perspective