From Our CEO
Housing Market Update: Demand Slips, Pushing More Sellers to Drop Asking Prices
Early indicators of homebuyer activity falter further as mortgage rates shoot up.
A Record Share of Homebuyers Are Relocating as Skyrocketing Housing Costs Make Affordable Areas Even More Attractive
Nearly one-third (32.3%) of Redfin.com users looked to move away from their hometown in the first quarter, an all-time high. The number of homebuyers leaving
The Pandemic-Driven Second-Home Boom Is Coming to an End
After last year’s frenzy for vacation homes, buyers are now backing off amid rising mortgage rates and an increase in loan fees for second homes.
Pricey Coastal Markets Show First Signs of Housing Slowdown
Redfin’s deputy chief economist is taking note of early indicators that the housing market is cooling down in some pricey coastal areas–signaling the start of
Housing Market Update: Share of Sellers Dropping Their Asking Price Climbs Past Last Year’s Rate
12% of homes for sale had price drops in the past four weeks—the highest level since early December—suggesting that sellers’ tight grip on the market is starting to loosen.
Affordability is the Number-One Factor Keeping Renters From Becoming Homeowners: Redfin Survey
1 in 3 U.S. renters can’t afford to buy a home where they want to live and 30% are unable to save for a down
Housing Market Update: Demand Slips, Pushing More Sellers to Drop Asking Prices
Early indicators of homebuyer activity falter further as mortgage rates shoot up.
A Record Share of Homebuyers Are Relocating as Skyrocketing Housing Costs Make Affordable Areas Even More Attractive
Nearly one-third (32.3%) of Redfin.com users looked to move away from their hometown in the first quarter, an all-time high. The number of homebuyers leaving
The Pandemic-Driven Second-Home Boom Is Coming to an End
After last year’s frenzy for vacation homes, buyers are now backing off amid rising mortgage rates and an increase in loan fees for second homes.
Pricey Coastal Markets Show First Signs of Housing Slowdown
Redfin’s deputy chief economist is taking note of early indicators that the housing market is cooling down in some pricey coastal areas–signaling the start of
Housing Market Update: Share of Sellers Dropping Their Asking Price Climbs Past Last Year’s Rate
12% of homes for sale had price drops in the past four weeks—the highest level since early December—suggesting that sellers’ tight grip on the market is starting to loosen.
Affordability is the Number-One Factor Keeping Renters From Becoming Homeowners: Redfin Survey
1 in 3 U.S. renters can’t afford to buy a home where they want to live and 30% are unable to save for a down
