From Our CEO
The Housing Affordability Crisis Is Accelerating Fastest in Rural America
Rural homebuyers need to earn $75,000 to afford the typical home, up from $36,000 before the pandemic. Suburban and urban areas have also seen affordability
It’s the Strongest Buyer’s Market in Records Dating Back Over a Decade
Home sellers outnumbered buyers by a record 36.8% in October, giving buyers who were in the market room to negotiate. The number of buyers in
October’s Most Expensive Home Sales Include Adam Levine’s Former Montecito Compound
California and Florida dominated October’s ultra-luxury housing market, with oceanfront estates and celebrity homes going for more than $30 million. A brand-new oceanfront estate in
The U.S. Housing Market Is Stuck, With Sales and Listings Barely Budging
Home sales and new listings were little changed from a month and a year earlier in October, and prices have also shown signs of flattening.
U.S. Home Prices Rose 0.3% in October
U.S. home prices rose 0.3% from a month earlier in October on a seasonally adjusted basis. Home prices increased 2.9% year over year, down from
Redfin Economists’ Weekly Take: Lack of Fresh Economic Data May Prevent December Rate Cut
This Week In A Nutshell With the government open, mortgage rates may wobble as we digest the September jobs report this Thursday and hear from
The Housing Affordability Crisis Is Accelerating Fastest in Rural America
Rural homebuyers need to earn $75,000 to afford the typical home, up from $36,000 before the pandemic. Suburban and urban areas have also seen affordability
It’s the Strongest Buyer’s Market in Records Dating Back Over a Decade
Home sellers outnumbered buyers by a record 36.8% in October, giving buyers who were in the market room to negotiate. The number of buyers in
October’s Most Expensive Home Sales Include Adam Levine’s Former Montecito Compound
California and Florida dominated October’s ultra-luxury housing market, with oceanfront estates and celebrity homes going for more than $30 million. A brand-new oceanfront estate in
The U.S. Housing Market Is Stuck, With Sales and Listings Barely Budging
Home sales and new listings were little changed from a month and a year earlier in October, and prices have also shown signs of flattening.
U.S. Home Prices Rose 0.3% in October
U.S. home prices rose 0.3% from a month earlier in October on a seasonally adjusted basis. Home prices increased 2.9% year over year, down from
Redfin Economists’ Weekly Take: Lack of Fresh Economic Data May Prevent December Rate Cut
This Week In A Nutshell With the government open, mortgage rates may wobble as we digest the September jobs report this Thursday and hear from