All Redfin Reports
Rates are Falling on News of a Softening Job Market. Now May Be a Good Time to Lock in a Mortgage.
The latest labor-market report closes out a week of good news for mortgage rates. The October jobs report shows slower-than-expected growth in the labor market,
Cash Is King: Luxury Home Prices Are Outperforming as Affluent Buyers Dodge High Mortgage Rates
Luxury home prices rose 9% to the highest third-quarter level on record, growing nearly three times faster than non luxury prices. Luxury sales and listings
Housing Market Update: A Record Share of Home Sellers Drop Prices As High Rates Cut Into Buyers’ Budgets
Budgets are getting some relief right now, with daily average rates dropping considerably from 8% to 7.5% over the last week. Nearly 7% of for-sale
Economic Events Are Pushing Mortgage Rates Down … For Now. Homebuyers May Want to Lock in a Rate This Week.
The U.S. treasury announced they’re going to issue less long-term debt than expected and the Fed held interest rates steady. Those two events brought rates
Change Comes to the Real Estate Industry
A jury today issued a verdict in the Sitzer-Burnett federal class-action lawsuit finding that the National Association of Realtors and major real estate franchisors conspired
Almost a Third of Homes for Sale Are New Construction—the Highest Share of Any Third Quarter on Record
New builds are taking up a growing share of the pie as builders attract buyers with concessions, and surging mortgage rates prevent existing homeowners from
