All Redfin Reports
Hot Jobs Report Could Cause Fed to Delay Rate Cuts
Employment growth was strong in March, which ultimately means mortgage rates are likely to stay higher for longer. But next week’s inflation data is the main factor the Fed will take into consideration. The March jobs report came in hot. Strong growth in U.S. employment makes it more likely the Federal Reserve will delay their
Skipping Meals and Working Overtime: The Sacrifices Americans Make to Afford Housing
Half of homeowners and renters struggle to afford their housing payments, a recent Redfin survey found. Roughly 1 in 5 people who struggle to afford housing have skipped meals and/or worked extra hours to help cover costs, while about 1 in 6 have delayed medical care. Skipping vacations was the most common sacrifice among white
Housing Market Update: Listings, Sales Stumble As Sellers and Buyers Take Easter Break
Growth in new listings slowed this week as some sellers pressed pause over Easter. Housing costs remain stubbornly high, deterring some buyers–but Redfin economists say costs could come down soon. What sellers are doing: New listings of U.S. homes for sale rose 8.4% from a year earlier during the four weeks ending March 31, the
Redfin Ranked Top Brokerage by Real Trends and RISMedia with the Most Productive Agents
Award season is upon us, and I’m proud to say Redfin has again ranked among the top 10 real estate brokerages nationwide, according to the RealTrends Verified Brokerage Rankings and the RISMedia Power Broker Report. In 2023 Redfin closed 46,549 transactions, totaling more than $27B in sales, earning us spot #7 on these lists of
Redfin Welcomes February and March Agent Hires
Spring is officially here, and we’ve been busy welcoming some amazing agents and managers across the country to help us kick off a busy homebuying season. Please join me in recognizing all of the new folks who joined us in February and March! This crew is full of talented people, some brand new to Redfin
‘Til Death Do Us Part: More Than Three-Quarters of Baby Boomers Plan to Stay In Their Home As They Grow Older
Older Americans who own their home are staying put largely because they’re financially incentivized to do so. It’s contributing to the shortage of homes for sale. We asked baby boomers in a recent survey what they anticipate their living situation to be as they grow older. The most common response: staying right where they are.