For the first time, the oldest Americans (70+) held a larger share of real estate wealth than middle-aged Americans (40-54). The 70+ age group is the only one that has experienced consistent gains in real estate wealth. Younger Americans, who have grappled with rising home prices and mortgage rates, have seen their portion of the […]
The Oldest Americans Held More Real Estate Wealth Than Ever Before In 2025 Read More »
Redfin estimates inventory could increase 6%-12% in markets where sellers have the flexibility to test out pricing strategies before listing. Allowing sellers to gauge early interest in their homes encourages more accurate pricing, which reduces the chances of homes lingering on the market and selling for below the list price. Redfin economists estimate annual housing
The share of homeowners who are “in the money” for a refinance has hit its highest level in over four years as mortgage rates dip to around 6%. But less than 1 in 10 eligible homeowners have refinanced, even though they stand to save money. One in five (19.8%) U.S. homeowners with a mortgage could
After several months of declines, new listings are posting a small improvement. Sellers are betting on mortgage rates that are closer to 6% than 7% bringing buyers off the sidelines. New listings of U.S. homes for sale rose 0.5% from a year earlier during the four weeks ending March 8, the first increase since November.
More Sellers Test the Market, Hoping For a Spring Surge in Homebuyers Read More »
The majority of Americans say the military conflict with Iran isn’t impacting their plans to buy a home or car, per a new Redfin survey. The Iran conflict has a smaller impact than tariffs or concerns about job security on purchase plans. The impact of October’s government shutdown was similar. One-quarter (25%) of Americans are
Nearly 45,000 sellers who delisted their homes last year relisted them in January—the highest January number in records dating back a decade. This could further boost housing supply, enabling homebuyers to score even bigger discounts than they’re already getting. Relistings are most common in pricey West Coast markets like the Bay Area, and least common
Back on the Market: Relistings Jump as Home Sellers Bet on Stronger Spring Market Read More »
