Older buyers prioritizing lifestyle over climate risk, Redfin says

In 2023, nearly 37 percent of homes bought by individuals aged 65 and older were located in areas with high risk of extreme heat, compared to 32.3 percent of homes purchased by those under the age of 35. Continue reading

What’s the rent? A whole month’s pay, 1 in 5 renters tell Redfin

Redfin report finds 22 percent of U.S. renters say they pay their all of their monthly income to afford rent. They’re borrowing money, getting a second job and pulling from retirement to cover the cost. Continue reading

US housing turnover rate hits 30-year low as lock-in effect lingers

In the first eight months of 2024, only 25 out of every 1,000 U.S. homes changed ownership, marking the lowest housing turnover rate since 1994, according to an analysis by Redfin released Monday. Continue reading

Share of investor sales activity rose to record high in Q1: Study

An analysis issued Wednesday by Redfin, however, also makes clear that the market shift has begun to impact investor sales, with the pace of buying slowing over the first three months of 2022. Continue reading