All Redfin Reports
Homebuyers Are Increasingly Backing Out of Deals as Slowing Market Boosts Negotiating Power
About 63,000 home-purchase agreements were called off in July, equal to 16% of homes that went under contract that month. That’s the highest rate in
Homebuyer Competition Falls to Lowest Level Since Early Months of Pandemic
Higher mortgage rates and home prices are pushing some house hunters out of the market, leaving those who remain with more options and negotiating power.
Housing Market Update: Newly-Listed Homes Fall Most Since 2020 as Sellers Pull Back
New listings are down 12% from a year ago as sellers respond to waning homebuyer demand. Still, overall housing supply is on the rise…
The Share of Homebuyers Looking to Relocate Jumped to New Record in July
San Diego and Portland, Maine are picking up in popularity with out-of-town buyers, while movement into Miami, Sacramento and Phoenix is slowing. Plus, fewer homebuyers
A Growing Share of Home Listings Are Stale As Market Cools
A dearth of buyers and relatively few new listings are leading to an uptick in homes sitting on the market longer than a month. It’s
Housing Market Update: Early Stage Demand Picks Up as Mortgage Rates Fall to a Four-Month Low
Measures of homebuyer activity such as online searches, requests for tours and agents’ help, and mortgage applications rose as mortgage rates fell below 5%.
