Tag Archives: Redfin

While single‐family housing starts were down in June, home buyers today are presented with more options, as new-home inventory is accounting for a bigger share of the total housing supply.

Prospective buyers thwarted by record-high prices and inflationary issues may find relief in the coming weeks as Realtor.com notes softening demand and rising supply may give way to more buying opportunities.

Redfin reports that nearly 60,000 home-purchase agreements fell apart in June, as mortgage rates steadily climbed toward the 6%-mark, thus compounding affordability issues.

Sellers are dropping their prices at a record rate, while mortgage rates drop following months of increases, offering a sense of relief for potential homebuyers.

The median monthly asking rent in the U.S. surpassed a whopping $2,000 for the first time in May —rising 15% year-over-year to a record high of $2,002— according to a new report from Redfin. That’s on par with April’s annual ...

A new Redfin study has found that more than 40% of buyers of who purchased a vacation home or investment property during the pandemic did so in areas of high flood, storm, and/or heat risk.

Affordability issues are officially taking a toll on the market as the average asking price of a newly listed home is off 1.5% from its peak in spring in light of the rapid rate increase by the Federal Reserve in June.  ...

Vacation homes became all the rage early in the pandemic, with demand peaking at 90% above normal levels in March 2021. But today, the apparent demand for second properties or vacation homes has fallen to “normal” levels, or at least to ...

Senators Warren and Reed reach out to HUD to assist in leveling the playing field between prospective homebuyers and large investors.

The number of homes purchased by real estate investors in the first quarter declined 11.5% from Q4 of 2021 and 16.5% from Q3 of 2021, when investor purchases hit a record high, according to a new report from Redfin. Still, ...