Concessions surge as homesellers offer sweeter deals in sour markets
In the first quarter of the year, 44.4% of homesellers included concessions in their deals, just shy of the record 45.1% seen at the start of 2023, according to new data released Monday by Redfin
by Richelle Hammiel Apr 22
Buying vs. renting: The income gap is widening, Redfin says
The typical American now needs to earn over $116,600 annually to afford a median-priced home in the US, compared to just $64,160 needed to afford an average apartment, according to Redfin
by Richelle Hammiel Apr 10
Record down payments reveal a divided housing market
According to a new report from Realtor.com, the national average down payment hit 14.4% and $30,250 in Q4. The biggest gains came from the Northeast and Midwest
by Richelle Hammiel Apr 9
Most Gen Z sellers have regrets over pandemic home purchases
Five years after the arrival of COVID in the US, 94% of Gen Z and 86% of millennial first-time homesellers say they regret their pandemic-era purchase, according to an analysis by Opendoor
by Richelle Hammiel Mar 27
Home prices hit record high in November despite cooling demand
In November, the Federal Housing Finance Agency and the CoreLogic Case-Shiller Indexes recorded annual gains of 4.2% and 3.8%, respectively, according to new data released Tuesday
by Richelle Hammiel Jan 28