Renters Are Staying Put Longer, With 1 in 6 Now Living in The Same Home For 10 Years or More
U.S. renters are less likely to move than they were a decade ago, as soaring housing costs have priced many out of homeownership. The rise
As a data journalist at Redfin, Dana Anderson writes about the numbers behind real estate trends. Redfin is a full-service real estate brokerage that uses modern technology to make clients smarter and faster. For more information about working with a Redfin real estate agent to buy or sell a home, visit our Why Redfin page.
U.S. renters are less likely to move than they were a decade ago, as soaring housing costs have priced many out of homeownership. The rise
More home sellers are cutting their asking price, suggesting sale-price growth could soften in the coming months. But this week, the median sale price rose
Prices keep rising because this spring’s inventory is lower than usual. The sliver of good news for buyers is that mortgage rates have declined slightly.
The share of houses for sale that are brand new is hovering at a level that’s nearly double the pre-pandemic rate. One-third (33.4%) of single-family
2 in 5 new mortgages issued last year went to buyers under 35, and 27% went to buyers aged 35-44. Young people take out the
Pending home sales are down and new listings are flat during a time of year when they typically rise. But this week’s softer-than-expected inflation report
U.S. renters are less likely to move than they were a decade ago, as soaring housing costs have priced many out of homeownership. The rise
More home sellers are cutting their asking price, suggesting sale-price growth could soften in the coming months. But this week, the median sale price rose
Prices keep rising because this spring’s inventory is lower than usual. The sliver of good news for buyers is that mortgage rates have declined slightly.
The share of houses for sale that are brand new is hovering at a level that’s nearly double the pre-pandemic rate. One-third (33.4%) of single-family
2 in 5 new mortgages issued last year went to buyers under 35, and 27% went to buyers aged 35-44. Young people take out the
Pending home sales are down and new listings are flat during a time of year when they typically rise. But this week’s softer-than-expected inflation report