Despite a flood of new listings, buyers are cooling off from high prices, rising mortgage rates and economic uncertainty, according to new reports from Zillow and Redfin
As of April 20, home-sale prices fell across 11 US metro areas, marking the 1st time this many markets have seen YOY declines since September 2023, according to Redfin data
Tariff threats have left Americans on edge, with 24% of US adults saying they're canceling plans to purchase a home or car due to economic fears, according to Redfin polling data released Thursday
According to a new report from Redfin, mounting economic pressures, including tariffs and slowing construction, could soon put upward pressure on rents
The value of America's nearly 100 million homes hit $49.7T at the end of 2024, as the combined net worth of the wealthiest 1% of Americans hit a record $49.2T, according to a Redfin analysis
A social media frenzy suggested government layoffs are tanking the housing market in the nation's capital. But economists armed with data tell Inman it's mostly business as usual in DC
A surprisingly large increase in core CPI, which excludes volatile food and energy prices, means Fed policymakers are likely to start out with a modest 25 basis-point rate cut next week
A record 8.5% of all US homes are worth $1M or more, up from 7.6% last year and 4% before the pandemic, according to a new Redfin analysis. California is adding them faster than other states
Economic headwinds and a holiday weekend caused new listings and home tour requests to fall at the end of March, according to Redfin's report. The portal is still bullish on future spring activity
The total value of the 2023 US housing market increased a record-breaking 5.3% to $47.5T. The gains were concentrated in markets across the Midwest and Northeast
A record one-day jump in mortgage rates on Feb. 2 pushed pending sales down 8 percent — the biggest decline since October, according to Redfin's latest market report
The median asking rent fell 0.8% year over year during the last month of 2023, according to a new report by Redfin, which attributes the fall to an increase in supply
A dip in the weekly average for 30-year mortgage rates dropped the average mortgage payment to $2,575 in November, and homebuyers are taking advantage
Homebuyers are backing away from the market as mortgage rates continue to climb. But new listings aren't declining as quickly, Redfin reports
The added punch of mortgage rates nearing 8% is making this year's fall season particularly slow