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Housing Affordability

Home Purchase Cancellations Are No Longer on the Rise As Demand Ticks Up

Contract cancellations declined slightly in April as homebuyers and sellers gained a clearer sense of the housing market after years of volatility, and as demand picked up. Homebuyers were most likely to back out of deals in Atlanta, San Antonio and other Sun Belt metro areas that are big-time buyer’s markets.  Contract cancellations were least […]

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Prices Drops Are Becoming Slightly Less Common As Housing Market Stabilizes

The share of home sellers cutting their asking prices has fallen from its peak as buyers lose a bit of negotiating power, but price drops are still much more common than in years past.  Redfin Early Access, which allows sellers to test the market via “coming soon” listings, can help homeowners price accurately from the

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U.S. Home Prices Rose 0.2% in April

Improving homebuyer demand could fuel further price gains in the coming months. Montgomery County, PA saw the biggest price gain, followed by Cleveland and Nassau County, NY. The biggest declines were in Oakland, CA, Newark, NJ and Phoenix. U.S. home prices rose 0.2% month over month in April on a seasonally adjusted basis, and climbed

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The Price Point: What $400,000 Buys in These Hot U.S. Neighborhoods

In this edition of The Price Point—a weekly series where Redfin data journalists explore current housing inventory across a rotating combination of budgets and metro areas—we’re looking at some of the hottest real estate markets in the country, according to Redfin’s latest analysis.  Our annual Hottest Neighborhoods report ranks U.S. zip codes in the 100

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