From Our CEO
More Sellers Test the Market, Hoping For a Spring Surge in Homebuyers
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%
Iran Conflict Stalls Big Purchases Like Homes and Cars For 1 in 4 Americans; Most Are Undeterred
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.
Inflation Cooled in February, but Markets Are Looking Past It as Iran War Clouds Outlook
Takeaway: The February CPI report showed inflation cooling, as expected. But the report will largely be ignored by markets because the data predates the war
Long-Distance Moves Tick Up: Nearly 1 in 5 House Hunters Are Looking to Relocate
Florida dominates the list of most common migration destinations. Boise and Spokane are also popular. But movement into Florida has slowed significantly since the pandemic
Redfin Economists’ Weekly Take: Mortgage Rates Poised For Volatility As Iran Conflict Escalates and Inflation Data Looms
This Week In A Nutshell: Rates may continue to be volatile as the Middle East conflict expands and new inflation data is released. Upcoming Attractions
Weak Jobs Report Unlikely to Push Mortgage Rates Down As Escalating Iran Conflict Muddies Outlook
The February jobs report is weaker than expected. The report shows that U.S. employers cut more jobs than anticipated last month, and unemployment rose–both signs
More Sellers Test the Market, Hoping For a Spring Surge in Homebuyers
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%
Iran Conflict Stalls Big Purchases Like Homes and Cars For 1 in 4 Americans; Most Are Undeterred
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.
Inflation Cooled in February, but Markets Are Looking Past It as Iran War Clouds Outlook
Takeaway: The February CPI report showed inflation cooling, as expected. But the report will largely be ignored by markets because the data predates the war
Long-Distance Moves Tick Up: Nearly 1 in 5 House Hunters Are Looking to Relocate
Florida dominates the list of most common migration destinations. Boise and Spokane are also popular. But movement into Florida has slowed significantly since the pandemic
Redfin Economists’ Weekly Take: Mortgage Rates Poised For Volatility As Iran Conflict Escalates and Inflation Data Looms
This Week In A Nutshell: Rates may continue to be volatile as the Middle East conflict expands and new inflation data is released. Upcoming Attractions
Weak Jobs Report Unlikely to Push Mortgage Rates Down As Escalating Iran Conflict Muddies Outlook
The February jobs report is weaker than expected. The report shows that U.S. employers cut more jobs than anticipated last month, and unemployment rose–both signs