Federal layoffs are fueling an inventory surge in nation’s capital

Active listings in Washington, D.C., have surged 25.1 percent year over year, the largest jump on record and nearly double the national increase of 14.2 percent, new Redfin data released Wednesday shows. Continue reading

Here’s why builders are slamming the brakes on new apartments

According to a new Redfin report, building permits for multifamily units have plunged 27.1 percent from their pandemic-era highs, with new rentals now hitting the market at the slowest pace on record. Continue reading

Buying vs. renting: The income gap is widening, Redfin says

The financial gap between owing and renting has grown significantly, making the dream of homeownership more distant, according to report released by Redfin Thursday. Continue reading