Housing Market News
Typical Homebuyer’s Monthly Payment Down More than $200 From May Peak, With September’s Anticipated Interest Rate Cut Already Priced Into Mortgage Rates
The median monthly mortgage payment fell to a seven-month low of $2,631 during the four weeks ending August 10, down more than $200 from its
Buyers, Take Note: Mortgage Rates Are Falling, Home-Price Growth Is Cooling and Supply Is Outpacing Demand
Redfin economists say serious homebuyers have a window of opportunity to lock in a mortgage rate, as rates could fluctuate as more economic data is
Home Prices Drop in 14 Major U.S. Metros, Including Parts of Florida and Texas, As Buyers Gain Upper Hand
Prices are declining in certain places as the supply of homes for sale outpaces demand, with high costs and economic uncertainty sidelining would-be buyers. The
U.S. Asking Prices Post Smallest Increase in Nearly 2 Years As Home Sellers Adjust to Buyer’s Market
Slowing price growth is good news for homebuyers. So are shrinking housing payments, with the median U.S. mortgage payment falling to its lowest level in
Good News For Homebuyers: Sellers Start Pricing Lower, Monthly Mortgage Payments Dip to 4-Month Low
The median U.S. asking price posted its smallest increase since the start of 2025 as more sellers come to terms with the reality of today’s
Pending Sales Fall as U.S. Home Prices Hit Another Record High
Pending sales fell 3.5% year over year during the four weeks ending July 6. That was the second biggest decline since early February, trailing only