33.6% of U.S. renters have lived in the same home for at least five years, up from 28.4% a decade ago. Baby boomers stay put the longest, with more than a third having been in their rental at least a decade. Gen Z renters move the most, with more than half having lived in their […]
Home prices grew 0.5% month over month in November, the third consecutive month with a 0.5% increase. On a year-over-year basis, home prices rose 5.7%, the smallest annual increase since October 2023. 14 of the 50 most populous U.S. metros recorded a drop in home prices month over month. U.S. home prices grew 0.5% from
U.S. Home Prices Rose 0.5% in November Read More »
Home sales are up 28% year over year in Portland, OR—the biggest gain of any major U.S. metro. Next come San Jose, Seattle and San Francisco, which also saw double-digit increases. In Portland, OR, home sales jumped 27.6% year over year in November—the biggest increase among the 50 most populous U.S. metropolitan areas. It was
Home Sales Surge by Double Digits in Pricey West Coast Markets Read More »
Homeowners with kids living under their roof are much more likely to receive help from family with down payments and/or monthly mortgages than their no-kids counterparts, according to a recent Redfin-commissioned survey. That’s partly because they’re buying bigger, more expensive homes. One-quarter (25%) of recent homebuyers who have kids living at home received a cash
37% of home purchases made by people 65+ occur in counties with high risk of extreme heat, compared with 32% of purchases made by people under 35. The same trend holds true for flood and fire risk. Nearly all homes (96%) face high heat risk in the counties where 65+ buyers take out the largest
Older Americans Are More Likely to Buy Disaster-Prone Homes Than Younger Americans Read More »
52% of U.S. apartments were rented within three months, down from 54% a quarter earlier. Newly-built 3+ bedroom apartments rented out faster in the third quarter than other bedroom types. One-bedroom and two-bedroom apartments rented out slower as completions climbed by more than 20%. Just over half (52%) of newly constructed apartments completed in the
New Apartments Fill Up Slower, Returning to Pre-Pandemic Speeds Amid Construction Boom Read More »
