From Our CEO
Empty Nesters Own Twice As Many Large Homes As Millennials With Kids
Empty-nest baby boomers own 28% of the nation’s large homes, while millennials with kids own just 14%. Empty nesters take up a lot of large
The Lock-in Effect: 89% of People With Mortgages Have an Interest Rate Below 6%, Down From a Record 93% in 2022
Most homeowners with mortgages have a rate below today’s average, prompting many to stay put. But the share of homeowners with relatively low rates has
December’s Inflation Report Unlikely to Impact Mortgage Rates
Consumer prices rose slightly more than expected to close 2023, but the news shouldn’t move mortgage rates much or impact the overall housing market. The
Housing Market Update: The New Year Brings an Uptick in Early-Stage Demand As Mortgage Payments Fall and More Homes Hit the Market
As mortgage rates hold steady in the 6% range and new listings tick up, mortgage-purchase applications and Redfin home tours are rising. Redfin agents report
A Reprieve for Renters: Costs Drop for Third Straight Month in December
Rising supply has led to rising vacancies, motivating landlords to lower asking rents, which fell 1% from a year earlier. Rents dropped in the South
Latest Jobs Data Makes March Rate Cut Slightly Less Likely
A look below the surface reveals a less-hot picture of the late-2023 labor market than the hot December jobs headline suggests. The latest jobs report
Empty Nesters Own Twice As Many Large Homes As Millennials With Kids
Empty-nest baby boomers own 28% of the nation’s large homes, while millennials with kids own just 14%. Empty nesters take up a lot of large
The Lock-in Effect: 89% of People With Mortgages Have an Interest Rate Below 6%, Down From a Record 93% in 2022
Most homeowners with mortgages have a rate below today’s average, prompting many to stay put. But the share of homeowners with relatively low rates has
December’s Inflation Report Unlikely to Impact Mortgage Rates
Consumer prices rose slightly more than expected to close 2023, but the news shouldn’t move mortgage rates much or impact the overall housing market. The
Housing Market Update: The New Year Brings an Uptick in Early-Stage Demand As Mortgage Payments Fall and More Homes Hit the Market
As mortgage rates hold steady in the 6% range and new listings tick up, mortgage-purchase applications and Redfin home tours are rising. Redfin agents report
A Reprieve for Renters: Costs Drop for Third Straight Month in December
Rising supply has led to rising vacancies, motivating landlords to lower asking rents, which fell 1% from a year earlier. Rents dropped in the South
Latest Jobs Data Makes March Rate Cut Slightly Less Likely
A look below the surface reveals a less-hot picture of the late-2023 labor market than the hot December jobs headline suggests. The latest jobs report
