Tag Archives: Redfin Premier

Homeowners remodel instead of move as costs keep them in place

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More than 2 in 5 Americans renovated their home in the last year, and most did so as a deliberate alternative to moving, according to a new Redfin survey. Continue reading →

Iran war, high rates chill pending home sales

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The Iran war sent mortgage rates surging and homebuyers retreating in the four weeks ending April 5, with pending home sales falling 2.4 percent year over year — the biggest decline in three months. Continue reading →

Yet another report says the real estate market is sputtering

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Redfin reported that both buyers and sellers are in retreat, active and new listings fell in November, and, ultimately, 2025 will be comparable to the slowest year for real estate in decades. Continue reading →

15% of homebuyers ‘ghosted’ homesellers in September

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As Halloween draws near and our minds become preoccupied with witches, wraiths and suddenly seized souls, homesellers are focused on another horror: the growing number of homebuyers backing out of the market. Continue reading →

Despite market shift toward buyers, they’re still backing away

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Spring typically brings new energy to this housing market, but this year, the momentum is stalling. A flood of sellers has hit the market, but buyers are remaining on the sidelines, new data from Redfin shows. Continue reading →

Record $700B worth of listings on market, but sales are sluggish

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U.S. home inventory hit a record $698 billion in April, a 20.3 percent increase from the previous year. However, sales aren’t keeping pace, a new analysis from Redfin shows. While listings are rising, buyer activity remains muted, leaving many homes si… Continue reading →

The spring sizzle fizzles: Economic jitters chill buyer demand

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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 →

Concessions surge as homesellers offer sweeter deals in sour markets

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In the first quarter of the year, 44.4 percent of homesellers included concessions in their deals, just shy of the record 45.1 percent seen at the start of 2023, according to new data released Monday by Redfin. Continue reading →

Homes are sitting longer and not just because of mortgage rates

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According to a new Redfin report, concerns over affordability, economic uncertainty and tariff fears under a second Trump administration are giving buyers serious pause. As of March, the typical U.S. home took 47 days to sell, the longest stretch in si… Continue reading →

Homes are sitting longer and not just because of mortgage rates

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Comments Off on Homes are sitting longer and not just because of mortgage rates

According to a new Redfin report, concerns over affordability, economic uncertainty and tariff fears under a second Trump administration are giving buyers serious pause. As of March, the typical U.S. home took 47 days to sell, the longest stretch in si… Continue reading →