As home prices and mortgage rates fall from their peak, the typical homebuyers’ monthly housing payment declined nearly $300 from October, according to a new report from Redfin.
Read More »Share of Homebuyers Migrating From Home Metros Nears Record High
According to a new report, the share of Redfin users moving away from their home metro is nearing a record high as 6%-plus mortgage rates and inflation continue to cut into homebuyers' budgets.
Read More »Will Projected Price Declines Drive Pandemic Homebuyers Underwater?
According to a new Redfin analysis, a projected 3% of pandemic homebuyers could fall underwater with next year’s estimated 4% home price decline, with metros such as Sacramento and Phoenix at a higher risk.
Read More »Average Rent Surpasses $2,000
Rent gains in November fell for the sixth straight month. Click through to learn what the latest data reveals.
Read More »Housing Inventory Posts Record Increase as Rates Drop
New data from Redfin’s Homebuyer Demand Index showed that on average, some 6% of homes for sale each week had a price drop, down sharply from 7.5% in November and up nearly 3% from a year earlier.
Read More »Redfin Looks to 2023
Redfin has laid out a list of predictions on what one should expect from the housing market next year.
Read More »Homebuying Demand Up Amid Fluctuating Mortgage Rates
With mortgage rates recently declining, demand has shown early indications of increasing, according to Redfin’s most recent Homebuyer Demand Index.
Read More »Housing Relocations Near All-Time Highs
More and more homebuyers are looking to migrate to a new metropolitan area. Click through to find out where they are landing.
Read More »Investor Home Sales Slide in Q3
Redfin reports investor home purchases dropped 30% in Q3 2022, the largest decline reported since the Great Recession aside from Q2 2020, at the outset of the pandemic.
Read More »October Pending Home Sales Took Biggest Monthly Tumble Since 2013
As housing deal cancellations and home price cuts hit record highs, new data from Redfin's latest market analysis showed pending sales dropped 32% year-over-year in October, marking the largest decline since 2013.
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