Share of Homes Bought With Cash Ticks Down From November Peak
Just over 31% of home purchases in December were made in cash, down slightly from the eight-year high hit in November. More than 15% of
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.
Just over 31% of home purchases in December were made in cash, down slightly from the eight-year high hit in November. More than 15% of
Pending sales and new listings each posted their smallest declines since September. Homebuyer demand continues to increase from its fall low point despite mortgage rates
Young adults taking on a new lease are getting some relief as rental price growth slows, helping cool their personal inflation rates. Gen Z and
The typical Austin home costs six figures less than it did during the pandemic homebuying frenzy, but 6%-plus mortgage rates mean housing remains unaffordable for
Home sellers are starting to come off the sidelines to meet buyer demand as mortgage rates steadily decline, with new listings and pending sales both
Prospective homebuyers are getting some relief as monthly housing payments fall from their peak due to declining mortgage rates and home prices. It’s one reason
Just over 31% of home purchases in December were made in cash, down slightly from the eight-year high hit in November. More than 15% of
Pending sales and new listings each posted their smallest declines since September. Homebuyer demand continues to increase from its fall low point despite mortgage rates
Young adults taking on a new lease are getting some relief as rental price growth slows, helping cool their personal inflation rates. Gen Z and
The typical Austin home costs six figures less than it did during the pandemic homebuying frenzy, but 6%-plus mortgage rates mean housing remains unaffordable for
Home sellers are starting to come off the sidelines to meet buyer demand as mortgage rates steadily decline, with new listings and pending sales both
Prospective homebuyers are getting some relief as monthly housing payments fall from their peak due to declining mortgage rates and home prices. It’s one reason