From Our CEO
17% of Americans Are Delaying a Major Purchase Like a Home or Car Due to Government Shutdown. 65% Are Undeterred.
Some Americans are changing plans because they’re directly impacted by the shutdown, and others are wary of making a big purchase because of economic uncertainty.
Homebuyers Are Canceling Deals at a Record Rate. Here’s Why.
Roughly 56,000 U.S. home-purchase agreements were canceled in August, equal to 15.1% of homes that went under contract that month—the highest August percentage in records
Redfin Economists’ Weekly Take: All Eyes on Fed Speeches as Markets Continue to Fly Data-Blind
Last Week In A Nutshell Rates eased due to a surprisingly negative ADP jobs report, which stayed in the spotlight as the government shutdown sidelined
There Are 72% More Condo Sellers Than Buyers in the U.S.
Would-be condo buyers are spooked by high costs, including rising HOA dues and insurance fees–but the silver lining is bargaining power. The gap between sellers
Home Sellers Are Cutting Prices at a Record Rate to Lure Skittish Buyers
The typical home that sold in August went for nearly 4% under its asking price–the steepest discount for that month since 2019. One of every
Pending Home Sales Slide, But There Are Bright Spots: Buyers Have Bargaining Power, Starter-Home Sales Improving
Pending U.S. home sales fell 1% year over year as mortgage rates ticked up after nine straight weeks of declines. Some would-be buyers are hesitant
17% of Americans Are Delaying a Major Purchase Like a Home or Car Due to Government Shutdown. 65% Are Undeterred.
Some Americans are changing plans because they’re directly impacted by the shutdown, and others are wary of making a big purchase because of economic uncertainty.
Homebuyers Are Canceling Deals at a Record Rate. Here’s Why.
Roughly 56,000 U.S. home-purchase agreements were canceled in August, equal to 15.1% of homes that went under contract that month—the highest August percentage in records
Redfin Economists’ Weekly Take: All Eyes on Fed Speeches as Markets Continue to Fly Data-Blind
Last Week In A Nutshell Rates eased due to a surprisingly negative ADP jobs report, which stayed in the spotlight as the government shutdown sidelined
There Are 72% More Condo Sellers Than Buyers in the U.S.
Would-be condo buyers are spooked by high costs, including rising HOA dues and insurance fees–but the silver lining is bargaining power. The gap between sellers
Home Sellers Are Cutting Prices at a Record Rate to Lure Skittish Buyers
The typical home that sold in August went for nearly 4% under its asking price–the steepest discount for that month since 2019. One of every
Pending Home Sales Slide, But There Are Bright Spots: Buyers Have Bargaining Power, Starter-Home Sales Improving
Pending U.S. home sales fell 1% year over year as mortgage rates ticked up after nine straight weeks of declines. Some would-be buyers are hesitant
