There are 600,000 more home sellers than buyers, giving the buyers who are in the market negotiating power. Only five metro areas are seller’s markets,
Pending home sales fell to the lowest level since 2023 and existing-home sales dropped the most since 2022 as elevated housing costs curbed homebuyer demand.
29% of homebuyers paid with cash in December—the lowest share for that month since 2020—as a drop in mortgage rates diminished the benefits of paying
The typical homebuyer’s down payment dropped 1.5% year over year in December to $64,000 as elevated housing costs and increased negotiating power drove buyers to
The typical Austin home that went under contract in December spent a record 106 days on the market, compared with 60 days nationwide. A decade
Luxury home prices rose 4.6% in December—more than triple the gain in non luxury prices. Only two major metro areas saw declines. Redfin agents say
There are 600,000 more home sellers than buyers, giving the buyers who are in the market negotiating power. Only five metro areas are seller’s markets,
Pending home sales fell to the lowest level since 2023 and existing-home sales dropped the most since 2022 as elevated housing costs curbed homebuyer demand.
29% of homebuyers paid with cash in December—the lowest share for that month since 2020—as a drop in mortgage rates diminished the benefits of paying
The typical homebuyer’s down payment dropped 1.5% year over year in December to $64,000 as elevated housing costs and increased negotiating power drove buyers to
The typical Austin home that went under contract in December spent a record 106 days on the market, compared with 60 days nationwide. A decade
Luxury home prices rose 4.6% in December—more than triple the gain in non luxury prices. Only two major metro areas saw declines. Redfin agents say