Mortgage rates are up, and demand for homes is edging down. Redfin Chief Economist Daryl Fairweather laid out a possible scenario of what the months ahead might look like at Connect
Existing-home sales decreased by 2.4% from March and 5.9% from the year before as declining affordability continued to put off homebuyers, according to the National Association of Realtors
The pandemic-era home market has been marked by frenzied competition among buyers. But one arena in particular has been hardest-fought
Just 60.7% of home offers crafted by Redfin agents encountered competition in April — the lowest level since March 2021
Almost a year after streamlining its buy box to avoid median-priced homes, co-ownership platform Pacaso claims it has had a net positive impact on the destinations it operates in
The slowdown in construction activity comes as the average for a 30-year loan rose to 5.3% last week, up from 2.49% a year ago, according to new data released by the US Census Bureau
Economic uncertainty and stock market volatility may have helped drive 12% decline in prospective homebuyers’ purchase mortgage applications, delaying home searches
In the first quarter of 2022, just under 45% of Black families owned their home, compared to 74% of white families, according to a Redfin analysis of US Census Bureau data released Tuesday
The plan focuses on the federally funded construction of hundreds of thousands of affordable units, the loosening of restrictive zoning and the introduction of new federal financing options
A decline in consumer demand amid rising interest rates, increases in materials costs and home price growth led builder confidence to drop 8 points to 69 in May, according to the NAHB
Recessions can be nerve-wracking for real estate investors. But several factors make rentals a smart investment in uncertain times
Zillow Senior Economist Jeff Tucker is skeptical that a housing bubble is looming, but he worries such talk could hurt future buyers in need of homebuilders to continue producing new inventory
The Biden administration is considering forgiving student loan debt, which could mean more money in the pockets of millions of would-be homebuyers. But it's still a tough market.
Abrupt policy shift not expected, but Fed chair confirms that, 'If things come in better than we expect, then we’re prepared to do less'
Rising mortgage rates, booming home prices and scant inventory are pushing homebuyers to quicken their plans, according to Redfin's latest market report, released Friday
Compass agents did 47,367 deals between January and March of 2022, which represents a new high for the brokerage, according to a Q1 earnings call on Thursday
