In the biggest decline in active listings since at least 2015, an average of 2 percent of all U.S. homes for sale were delisted during a 12-week period ending Nov. 20, according to data released Friday by Redfin. Continue reading
Daryl Fairweather also said during her Yahoo Finance appearance that “demand is very weak” as both homebuyers and sellers take a breather from the housing market. Continue reading
Now that earnings are in for the big box brokerages, the anticipated revenue decline is clear. But does it tell the whole story? Continue reading
Median home price growth has slowed the fastest in Austin, Phoenix and San Jose, with fellow pandemic boomtowns Las Vegas and Boise also seeing significant slowdowns. Continue reading
The slowdown was most dramatic in COVID boomtowns like Las Vegas and Phoenix, according to a new analysis released Tuesday by Redfin, which examined real estate investment activity in 40 metros. Continue reading
Inflation and mortgage rates took a hefty toll on homebuyers in October, with a record 60,000 home-purchase cancellations during the month, according to new data released Monday. Continue reading
The fall from 7.08 percent to 6.6 percent would save buyers approximately $100 a month on a median priced home, according to a report released Thursday from Redfin. Continue reading
Buyers need to earn at least $107,281 to afford the $2,682 monthly mortgage payment on the typical American home, according to a new report. Continue reading
A slowing market is taking a toll on big real estate companies, though not every firm is suffering equally. A look back on the past three dramatic weeks of third-quarter wins, losses and draws. Continue reading
Home sale prices increased by 3.2 percent year over year, a drop of 8.4 percent from their all-time high recorded in June, according to a new report by the online brokerage Redfin. Continue reading