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Housing Market News

Survey: What Do First-Time Homebuyers Want From the Government? Lower Interest Rates

Lower interest rates beat out tax credits, easier lending standards, and increased home construction according to a new Redfin survey Interest rates are currently at historic lows, but 66% of first-time homebuyers would like them to be even lower according to a new survey conducted by Redfin. The three most popular government actions among first-time […]

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Year-Over-Year Home Price Gains Hit a 19-Month High in December

US Home Prices Up 7% in December

A record shortage of homes for sale drove prices up on a monthly and annual basis. U.S. home-sale prices increased 6.9% year over year in December to a median of $312,500 across the 217 metros Redfin tracks. Home prices were also up 1.1% month over month on a seasonally-adjusted basis, the largest increase since February

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