Phoenix, Las Vegas, Tampa and Austin attracted homebuyers at a higher rate during the height of the pandemic. But according to Redfin, those same Sun Belt cities are now cooling the fastest. Continue reading
The market may be slowing in some areas, but it will not come to a complete halt. Eric Forney of Livian shares this week’s market insights and says that life events will keep consumers buying Continue reading
Investors fear ongoing moves by the Fed and other central banks to raise short-term interest rates to fight inflation could lead to a recession. Continue reading
Only 44.6 percent of offers written by Redfin agents in August faced competition, the lowest rate since April of 2020, according to new data released Friday. Continue reading
The housing market is the last sneaker to drop in the sagging economy. Real estate was in a lucky place during the pandemic, but in the last few months, it has gone over to the dark side. Continue reading
Keeping buyers positive in the face of challenges starts before the transaction even begins and continues all the way to the closing table. Author and trainer Bernice Ross offers a 10-step plan for keeping your buyer clients on track so that they can a… Continue reading
As mortgage rates rose in recent weeks, so did home prices and purchase-loan applications. It’s a strange time, a Redfin economist says. Continue reading
In addition to its market expansion, the Seattle-headquartered brokerage also announced that its listing search coverage now encompasses 95 percent of the U.S. population. Continue reading
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
Fed Chair Jerome Powell says policymakers are not ready to start selling off Treasurys and mortgage debt to accelerate the balance sheet runoff. Continue reading