Housing Market News
Here’s What Homebuyers and Sellers Can Expect if the Fed Lowers Rates
If expected rate cuts come, and translate to a decline in mortgage rates, we can expect the housing market to see yet another boost as a result.
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Housing Market News
Elizabeth Warren’s Plan to Forgive Student Debt Could Help Millennials Buy Homes 3 Years Faster
Under Elizabeth Warren’s plan to cancel up to $50,000 of student loan debt, a typical aspiring homeowner currently laden with student debt could save a down payment three years...
Housing Market News
Luxury is Becoming More Attainable. Here’s What Luxury Homes for Sale Look Like Around the Country
For the first time in years, the average sale price for luxury homes nationwide fell to $1.55 million in the first quarter of 2019.
Housing Market News
Home Sales Surge in Florida as California Markets See Double-Digit Annual Declines in March
Home sales and prices fell year over year in San Francisco, San Jose and Orange County as housing activity surged in metros with lower home prices and tax burdens U.S. home-sale...
Housing Market News
West Coast Buyers are Now More Likely to Win the 1st Home They Bid On
San Jose, Seattle and San Diego saw big year-over-year gains in the share of homebuyers’ winning the first home they make an offer on. Another sign that the housing market is...
Housing Market News
Home Prices Up 0.6% in February—Smallest Year-Over-Year Gain Since March 2012
Prices fell more than 8 percent in San Francisco and San Jose, up over 10 percent in Newark, Milwaukee and Buffalo. U.S. home-sale prices increased just 0.6 percent in February...
Housing Market News
Home Sellers Increasingly Willing to Accept Offers From Buyers Who Need to Sell Their Own Home First
Seven percent of winning offers written by Redfin agents last month were contingent on the sale of the buyer’s home, up from less than 5 percent last year Here’s another sign...
Housing Market News
Homebuyers Return as Pending Sales Rebound in Seattle, Silicon Valley and Boston
Pending sales spiked 15% in the city of Seattle in January, up 8% in San Jose, Silicon Valley’s central city. The market cooldown may already be over in Seattle, San Jose and...
Housing Market News
More Home-Sellers are Dropping Their Prices Than in Previous Winters as Buyers Seize More Control of the Market
More than one in five homes for sale nationwide dropped its price in the last month. In Fresno it was two in five. More than any time in the past few years, 2019 is shaping up to...
Housing Market News
Snowbirds Make Up One in Five New Yorkers Looking to Leave Town
One in ten New Yorkers looking to leave are searching in Florida According to Redfin’s fourth quarter migration data, over a third of New Yorkers searching Redfin’s real estate...
