Despite a flood of new listings, buyers are cooling off from high prices, rising mortgage rates and economic uncertainty, according to new reports from Zillow and Redfin. Pending homes sales declined 3.4 percent year over year during the four weeks end… Continue reading
As of April 20, home-sale prices fell across 11 U.S. metro areas, marking the first time this many markets have seen year-over-year declines since September 2023, data released Thursday by Redfin found. Continue reading
Tariff threats have left Americans on edge, with 24 percent of U.S. adults saying they’re canceling plans to purchase a home or car due to economic fears, according to Redfin polling data released Thursday. Continue reading
Tariff threats have left Americans on edge, with 24 percent of U.S. adults saying they’re canceling plans to purchase a home or car due to economic fears, according to Redfin polling data released Thursday. Continue reading
As of March, the median asking rent dipped slightly year over year to $1,610. That’s just a 0.6 percent decline from the previous year and a slight 0.4 percent increase from February. While those very subtle changes have offered some relief to renters,… Continue reading
The value of America’s nearly 100 million homes hit $49.7 trillion at the end of 2024, as the combined net worth of the wealthiest 1 percent of Americans hit a record $49.2 trillion, according to a Redfin analysis. Continue reading
A social media frenzy suggested government layoffs are tanking the housing market in the nation’s capital. But economists armed with data tell Inman it’s mostly business as usual in D.C. Continue reading
Despite slowing sales, the value of the U.S. housing market experienced record-breaking growth in 2023, according to Redfin’s latest housing report. The total value of 90 million U.S. homes rose from $45.1 trillion in December 2022 to $47.5 trillion in… Continue reading
A dip in the weekly average for 30-year mortgage rates dropped the average mortgage payment to $2,575 in November, and homebuyers are taking advantage. Continue reading
The added punch of mortgage rates nearing 8 percent is making this year’s fall season particularly slow. Continue reading