All Redfin Reports
Mortgage Rates Drop to Lowest Level Since 2022, Handing Homebuyers More Purchasing Power
Along with more purchasing power, house hunters have negotiating power as sellers greatly outnumber buyers. The daily average mortgage rate dropped to 5.99% on February
It’s a Buyer’s Market: America Has 44% More Home Sellers Than Buyers—a Near-Record Gap
There are 600,000 more home sellers than buyers, giving the buyers who are in the market negotiating power. Only five metro areas are seller’s markets,
Home Prices Start Year Up Just 1% as Buyer’s Market Keeps Growth in Check
Pending home sales fell to the lowest level since 2023 and existing-home sales dropped the most since 2022 as elevated housing costs curbed homebuyer demand.
Pending U.S. Home Sales Fall 6% As Would-Be Buyers Sit Out Slow Winter Market
The typical home is taking 67 days to go under contract, the longest span in seven years. U.S pending home sales fell 5.8% from a
Coastal Florida Dominated January’s Priciest Home Sales, Led By $55M Naples Estate
Last month’s ultra high-end home sales also included a ranch in Aspen and a beachfront villa in Hawaii. A waterfront estate in Naples, FL was
U.S. Home Prices Crept Up 0.3% in January
U.S. home prices rose 0.3% from a month earlier in January on a seasonally adjusted basis, and increased 2.1% year over year. Prices fell month