The typical home is taking 67 days to go under contract, the longest span in seven years. U.S pending home sales fell 5.8% from a year earlier during the four weeks ending February 15, the biggest decline in a year. The typical home that does go under contract is taking 67 days to do so–a […]
Pending U.S. Home Sales Fall 6% As Would-Be Buyers Sit Out Slow Winter Market Read More »
Last month’s ultra high-end home sales also included a ranch in Aspen and a beachfront villa in Hawaii. A waterfront estate in Naples, FL was the most expensive home sale of January, fetching $55 million. It’s followed by an Aspen, CO ranch that brought in $42 million, and a Hawaiian beachfront estate on the Big
Coastal Florida Dominated January’s Priciest Home Sales, Led By $55M Naples Estate Read More »
U.S. home prices rose 0.3% from a month earlier in January on a seasonally adjusted basis, and increased 2.1% year over year. Prices fell month over month in 14 major metros, with the biggest declines in Warren, MI, San Antonio and Minneapolis. U.S. home prices crept up 0.3% month over month in January on a
U.S. Home Prices Crept Up 0.3% in January Read More »
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 in cash. Cash purchases were most common in Florida and least common on the West Coast. 14% of buyers who took out mortgages used FHA loans—the lowest December share in
All-Cash Home Purchases Ended 2025 at Five-Year Low Read More »
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 spend less upfront. In percentage terms, the typical homebuyer put down 15.2% of the purchase price, compared with 16.7% a year earlier. The typical U.S. homebuyer’s down payment fell 1.5%
Homebuyer Down Payments Shrink for First Time in 5 Months Read More »
Nearly half of single Americans earn less than $50,000 per year, compared to just 9% of married couples, according to a recent Redfin survey. That makes it harder to afford housing–which itself has gotten much more expensive over the years. Single people also tend to be younger, which also makes it harder to afford housing.
64% of Single Americans Struggle to Afford Housing, Compared With 39% of Married People Read More »
