Tag Archives: Home Sellers

An estimated 300 people a day moved from California to Texas in 2021, and the popular migration route is becoming even more crowded, according to a new analysis from StorageCafe.

Spring is typically a busy homebuying season, but new listings of homes for sale are down 24% from a year ago, according to a new report from Redfin. The total number of homes for sale is also down nearly 10%, representing the biggest drop in over a year.

Across the U.S., there are nearly 40% fewer homes for sale compared to pre-pandemic norms, as new listings dropped an overall 23% from last June, according to Redfin’s Homebuyer Demand Index.

According to a new survey from LendingTree, some 63% of homebuyers have negotiated their purchase price in hopes of saving money, while just 39% negotiated the mortgage or refinance rate despite the likelihood of a better deal.

In May, nationwide rents posted their largest decline since 2020 as the median asking rent rose 1.4% from a month earlier, according to a new report from Redfin.

The overall lack of new listings nationwide has pushed the total number of homes on the market down 5% year-over-year, reaching their lowest level of any early June on record, according to a new housing market update from Redfin.

In April, all-cash home purchases reached their highest level in nearly a decade. A new report from Redfin reveals elevated mortgage rates driving down overall home sales more than all-cash sales.

It’s the first time since 2014 that boomers have overtaken the younger generation when it comes to owning a bigger slice of the homebuyer market, according to a new housing report from the Bank of America Institute.

A new survey conducted by Clever Real Estate examined homebuyer and seller regrets about their recent experiences, including looks at post-purchase financial struggles and how many of those surveyed view now as a good time to engage with the housing market.

“Some buyers are asking sellers for the sun, the moon, and the stars in addition to offering below the asking price, and some are requesting no extras because they’re so motivated to secure one of the few homes on the market,” said Boise, Idaho Redfin agent Shauna Pendleton.