All Redfin Reports
The Typical Buyer’s Agent Earns 2.55% in Commission, a Rate That Has Declined Since the NAR Settlement Was Announced in March
Buyer’s agent commissions have declined since the NAR settlement announcement; the average stands at 2.55%, down from 2.62% at the beginning of the year. Changes
Mortgage Rates Fall to 14-Month Low Following Weak Jobs Report
A much weaker than expected job market report pushed mortgage rates down to 6.4%, the lowest level since April 2023. The report showed that the Fed may
Renter Nation: America’s Renter Population Is Growing Three Times Faster Than Its Homeowner Population Amid Rise in Homebuying Costs
The number of renter households grew 1.9% in the second quarter—one of the biggest gains in recent years. The number of homeowner households rose 0.6%—the
Homebuyers Aren’t Yet Reacting to Lower Mortgage Rates, With Pending Sales Posting Biggest Year-Over-Year Decline in 9 Months
Monthly housing payments have dropped to their lowest level in four months, but homebuyers and sellers aren’t yet reacting. In addition to pending home sales
The Fed Confirmed a Rate Cut May Be Coming in September. That Should Help Bring Mortgage Rates Down Slightly By the End of 2024.
Fed Chairman Jerome Powell told reporters a rate cut may be coming in September, which is in line with market expectations. The unsurprising news isn’t
Here’s What a Second Trump Presidency Could Mean For the Housing Market
Donald Trump has said he wants to lower mortgage rates and loosen building regulations, which would make homes more affordable and increase supply. Several of
