From Utah to California to North Carolina, Redfin ranked the 10 most neighborly places in the U.S. Here are the top cities where residents socialize and neighbors lend each other a helping hand. Salt Lake City is the most neighborly city in the United States this year. The Utah capital tops the list because residents […]
Homeownership for young Americans is a mixed bag. The homeownership rate for Gen Zers and millennials is ticking up, but both generations are tracking behind their parents. The homeownership rate for younger generations inched up from 2024 to 2025 because affordability and inventory improved slightly. But it didn’t surge, because housing costs remained historically high,
More Gen Zers are Buying Homes. But It’s a Trickle, Not a Flood. Read More »
Over 40,000 U.S. home-purchase agreements were canceled in December, equal to 16.3% of homes that went under contract that month—the highest December percentage in records dating back to 2017 Cancellations were highest in Atlanta (22.5%), Jacksonville (20.6%) and San Antonio (20.6%) Cancellations were lowest in Nassau County (3.8%), San Francisco (4.2%) and San Jose (8.9%)
Homebuyers Are Canceling Deals at the Highest Rate on Record Read More »
The weekly average mortgage rate fell to a 3-year low, nudging some house hunters and sellers off the sidelines. U.S. pending home sales fell 2.9% year over year during the four weeks ending January 18, the smallest decline in over a month, as mortgage rates declined. Mortgage-purchase applications rose 5% week over week to their
Homebuying and Selling Activity Show Signs of Life Amid Lower Mortgage Rates Read More »
There were a record 47% more home sellers than buyers in December, giving the buyers who were in the market negotiating power. The Sun Belt was home to the strongest buyer’s markets last month, while the Northeast and Midwest housed all five seller’s markets. Mortgage rates have ticked down in recent days, which may boost
Home Sellers Outnumber Buyers By a Record Margin, Upping Buyers’ Bargaining Power Read More »
U.S. home prices rose 0.1% from a month earlier in December on a seasonally adjusted basis. Home prices increased 2.2% year over year, down from 2.6% in November and the slowest growth since 2012. Prices fell month over month in 14 major metros, up from 12 last month. The biggest declines were in Houston (-0.9%),
U.S. Home Prices Inched Up 0.1% in December Read More »
