Will spring be a bust? 4 decades of housing data tell a complex story

Past periods of high inflation and high rates — be it in 1979, 1980 or 1990 — have caused the housing market to stall. But they also didn’t crush it forever, according to an Inman analysis. Continue reading

The 1 metric you need to scrutinize, according to a real estate economist

Redfin Chief Economist Daryl Fairweather reveals to Intel the top data point signaling a coming rebound and shares why inflation and mortgage rates will continue to lead the market this spring. Continue reading

Redfin economist: ‘We’re going to have pain’ while high inflation lasts

Daryl Fairweather also said during her Yahoo Finance appearance that “demand is very weak” as both homebuyers and sellers take a breather from the housing market. Continue reading

Prices and rates are sky high! But what if my client NEEDS to move?

Despite mortgage rates near 7 percent and generationally high inflation, thousands of people still need to move in the next year and need help in navigating homebuying in the pricy market. Continue reading

Luxury home sales plunge to 10-year low, surpassing COVID levels

Luxury home sales in the U.S. dove by 28.1 percent year over year during the three months ending Aug. 31, 2022 — eclipsing the 23.2 percent drop in luxury sales at the height of the pandemic — Redfin data shows. Continue reading

This is the ‘fastest-slowing’ housing market in the US, new data shows

The slowdown in housing has been swiftest on the West Coast, where prices in some markets have already fallen by 2 percent since July, according to a new analysis on Wednesday by Redfin. Continue reading

Inman’s ultimate guide to navigating the topsy-turvy fall housing market

Buyers and sellers face a new reality where bidding wars will be rare, days on market lengthen and markets go from boom to bust (and bust to boom). But don’t fear — Inman has you covered. Continue reading

The average US home is now selling below its list price, Redfin says

The average list-to-sale ratio clocked in under 100 percent for the first time since March 2021 in August, according to new data released Thursday by Redfin. Continue reading