All Redfin Reports
Typical Swing State Renter Earns 17% Less Than Needed to Afford Typical Apartment—But That’s an Improvement From the Last Presidential Election
During the last election cycle, the typical swing state renter household earned 21% less than they needed to afford the median priced apartment. Still, many
Housing Payments Post Biggest Decline in 4 Years Ahead of Fed’s Historic Rate Cut, Which Could Lure Buyers Off the Sidelines
Monthly housing payments have declined nearly $300 from April’s all-time high. Improving affordability has yet to push up pending sales, but that could change after
Mortgage Rates Unlikely to Move Much, Despite Fed’s Decision to Cut Big
The Fed split the difference, relative to market expectations, by cutting rates by 50 bps today, but projecting only more gradual cuts from here on
Existing Home Sales, Pending Sales Fall to Lowest Level Since Pandemic Start as House Hunters Wait for Mortgage Rates to Drop Further
Sales of existing homes dropped 1% month over month in August to a seasonally adjusted annual rate of 4 million, while pending sales fell 2%.
U.S. Home Prices Rose 0.5% in August, the Biggest Increase in 4 Months
Home prices grew 0.5% month over month in August, the fastest pace since April. On a year-over-year basis, home prices rose 6.7%, the smallest annual
Redfin Welcomes August Agent Hires
Redfin is closing out the summer strong by welcoming another great group of Newfins! The talented agents who joined us in August come from all
