From Our CEO
Homebuyers Gain $16,000 in Purchasing Power As Mortgage Rates Dip to Lowest Level in 3 Months
The daily average mortgage rate dipped to 6.67% to start July, down from roughly 7.1% five weeks earlier. On-the-fence house hunters should consider jumping in
The Tale of the Tribe
In closing today’s $2-billion sale of Redfin to Rocket, Redfin has made a careful inventory of every asset to convey to our new home: the
Redfin Is Now Powered by Rocket®!
We’re excited to announce that Redfin is now officially part of Rocket Companies! By joining forces with America’s largest mortgage lender¹, Rocket Mortgage, we’re creating
Condo Prices Dropped 2% in May—the Second Largest Decline on Record
Condo prices fell amid increasing HOA fees and insurance costs. Single-family home prices, by comparison, rose 0.5%. Condo sales dropped 12%—more than three times as
New Listings Lose Steam, Pending Sales Fall As Home Prices Hit Another Record High
Would-be sellers are pulling back as it becomes more clear the housing market is tilting in buyers’ favor in much of the country. New listings
Here Are the Most Expensive Home Sales of May
All of last month’s most expensive home sales were in Southern California, Florida or Manhattan. A Bel Air estate was the most expensive home sale
Homebuyers Gain $16,000 in Purchasing Power As Mortgage Rates Dip to Lowest Level in 3 Months
The daily average mortgage rate dipped to 6.67% to start July, down from roughly 7.1% five weeks earlier. On-the-fence house hunters should consider jumping in
The Tale of the Tribe
In closing today’s $2-billion sale of Redfin to Rocket, Redfin has made a careful inventory of every asset to convey to our new home: the
Redfin Is Now Powered by Rocket®!
We’re excited to announce that Redfin is now officially part of Rocket Companies! By joining forces with America’s largest mortgage lender¹, Rocket Mortgage, we’re creating
Condo Prices Dropped 2% in May—the Second Largest Decline on Record
Condo prices fell amid increasing HOA fees and insurance costs. Single-family home prices, by comparison, rose 0.5%. Condo sales dropped 12%—more than three times as
New Listings Lose Steam, Pending Sales Fall As Home Prices Hit Another Record High
Would-be sellers are pulling back as it becomes more clear the housing market is tilting in buyers’ favor in much of the country. New listings
Here Are the Most Expensive Home Sales of May
All of last month’s most expensive home sales were in Southern California, Florida or Manhattan. A Bel Air estate was the most expensive home sale