Redfin Reports Listings Tick Up, But Buyers Back Off
New listings have inched up this fall, giving the buyers who remain in the market a few more homes to choose from. But many buyers are retreating as mortgage rates…
Redfin Survey: 59% of Recent Homebuyers Say Purchasing a House Is More Stressful Than Dating
Divorce and finding a new job were the only two listed life events that a majority of respondents said are more stressful than purchasing a home. SEATTLE–(BUSINESS WIRE)–(NASDAQ: RDFN) —…
The US housing market is set to cool this fall, setting up a rare opportunity for buyers as sellers slash prices
The housing market is starting to cool down, and that could usher in a good opportunity for homebuyers, Zillow says. The percentage of home listings that had a price cut…
Your Best Time to Buy a Home in 2023 Is Fast Approaching
New data from Realtor.com reveals the best window to buy a home for the remainder of the year. Let’s face it: It’s a tough time to buy a home for…
U.S. Housing Market Recovers the Nearly $3 Trillion It Lost, Hitting Record $47 Trillion in Total Value
The total worth of U.S. homes hit a record $47 trillion in June as a scarcity of houses for sale propped up values. Affordable markets including Little Rock and Milwaukee…
Is the market competitive right now?
The market isn’t as hot as it was last year—the average home takes about a week longer to sell The market isn’t as hot as it was last year—the average…
Will prices fall any time soon?It’s unlikely. The national median home sale price increased in July
Because there are so few homes on the market. While that dynamic mainly benefits sellers, there’s some good news for buyers, too: homes are selling for much closer to their…
Here’s Why Mortgage Rates Are Still So High Despite All the Good News on Inflation
Common Questions from Buyers and Sellers. Is it a good time to buy, or should I wait for mortgage rates to come down? While mortgage rates may come down from…
Drought-Stricken Phoenix Is the Top Destination For Relocating Homebuyers
A record one-quarter of Redfin.com house hunters are looking to relocate to a different part of the country as high mortgage rates make affordable areas more attractive. But even though…
Housing Market Update: The Spring Homebuying Season That Never Happened
Near-7% mortgage rates are preventing both would-be homebuyers and would-be sellers from entering the market. But even though the spring buying season ended with a whimper, homebuilders are ending…