All Redfin Reports
A Debt-Ceiling Crisis Would Hit the Housing Market Like a Hurricane
Originally published to Forbes on May 18, 2023. Natural disasters like hurricanes and snowstorms tend to temporarily halt housing market activity in affected areas. If
Out-of-Town Moves Have Fallen 6% From a Year Ago, Compared With 17% Drop For In-Town Moves
Fewer homebuyers are looking to move to a different part of the country–but the dropoff isn’t as big as it is for those remaining close
Housing Market Update: Mortgage Rates Surge Past 7.1% For First Time Since November; Some Buyers Back Off While Others Lower Budget
Monthly housing payments hit a new record high this week as mortgage rates jumped, pricing out many homebuyers, especially those with limited budgets. But Redfin
An Update to Redfin’s Values
Our CEO, Glenn Kelman, sent this email to all Redfin employees on May 24, 2023. For the public posting, we removed links to our intranet.
More Than 2 in 5 Home Sellers Are Making Concessions to Buyers, Nearly Double Last Year’s Share
Sellers are handing out freebies to attract bidders as high mortgage rates dampen homebuying demand. But in some markets, there are so few homes for
How Much Are Home Prices Rising or Falling? The Answer Depends More on Location Than it Has in Over a Decade
Prices are falling by double digits in the Bay Area and rising by double digits in South Florida–a gap that’s near a 30-year high. The
