Tag Archives: Redfin analysis

Share of renters paying under $1,000 hits record low, Redfin says

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Only 32.1 percent of renter households currently pay less than $1,000 in monthly rent — a sharp decline from 35.2 percent in 2022 and 50.4 percent in 2012, according to an analysis from Redfin released Wednesday. Continue reading →

What does it mean when even the wealthiest step back from buying?

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Luxury deals are down 18 percent year over year, and buyers are more cautious than they’ve been in years, a sign the market is continuing to normalize, according to agents and a new Redfin report. Continue reading →