Despite mortgage rates near 7% and generationally high inflation, thousands of people still need to move in the next year and need help in navigating homebuying in the pricy market
Luxury home sales in the US dove by 28.1% year over year during the 3 months ending Aug. 31, 2022 — eclipsing the 23.2% drop in luxury sales at the height of the pandemic, Redfin data shows
The slowdown in housing has been 'fastest slowing' on the West Coast, where prices in some markets have already fallen by 2 percent since July, according to a new analysis by Redfin
Buyers and sellers face a new reality where bidding wars will be rare, days on market stretch out and markets go from boom to bust (and bust to boom). But don't fear — Inman has you covered
The average list-to-sale ratio clocked in under 100% for the first time since March 2021 in August, according to new data released Thursday by Redfin
The phrase 'housing recession' has exploded in popularity, according to an analysis of search terms. But pinning down what it means and where it originated is surprisingly difficult
Redfin said it expects rental growth to continue to slow, but markets with strong job growth and limited new housing construction will likely continue to experience large rent increases
Redfin's Homebuyer Demand Index increased 15 points since June 15, reversing 10 straight weeks of decreasing demand that started in mid-April
US homes, on average, spent 19 days on the market during the 4 weeks ending July 17, a full day longer than the same period in 2021, according to data released Thursday by Redfin
The fast-paced cycle of the typical US home sale has begun to slow, paving the way for a recovery of the nation's depleted home inventory
The typical asking price for a home on the market took a modest downward turn in late May and early June, a sign of a softening market
Showings were down nationwide in April, which is strange because April is typically when the housing market hits a high point, ShowingTime President Michael Lane said in a new report
Nearly 1 in 5 homesellers dropped their listing price during the 4-week period ending May 22, a high watermark unmatched since October 2019, according to a new report from Redfin
Experts told Inman they expect home sales and price growth to slow down, but they don't think rising rates will knock everyone out of the market
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