All Redfin Reports
Housing Market Update: Homebuying Demand Dips Further as Rates Approach 6%
Pending sales and Redfin’s Homebuyer Demand Index posted their largest year-over-year declines in over two years.
49% of Hispanic Americans Own Their Home, Compared With 74% of White Families–But the Gap Has Narrowed Slightly Over the Last Decade
The Hispanic-white homeownership gap is narrowing as the largest group of Hispanic Americans ages into prime homebuying years. Nationwide, 49.1% of Hispanic families own their
More Than 40% of Home Sellers Are Dropping Their Prices in Salt Lake City, Boise, Sacramento and Other Pandemic Hot Spots
Sellers are adjusting their expectations as they realize many buyers are no longer able to afford the type of home they could have before mortgage
Homebuyers on a $2,500 Monthly Budget Have Lost $118,000 in Spending Power This Year Amid Surge in Mortgage Rates
A buyer on a $2,500 budget can afford a $400,000 home with a 6% mortgage rate. That’s compared to a $517,000 home with a 3%
Home Sales Post Rare May Decline as Mortgage Rates Rise
Home sales fell in May for only the second time on record, while home prices saw the smallest May increase on record.
Housing-Market Competition Dropped to a 15-Month Low in May
Surging mortgage rates and home prices are causing more buyers to back off. That means sellers are less likely to receive multiple offers—but they’ll also
