Demand for vacation homes plummeted in 2023
United States homebuyers took out 90,772 mortgages for second homes in 2023 — 40% fewer than they did in 2022
by Ben Verde May 13
Declining mortgage rates bring new-year market thaw: Redfin
Mortgage purchase applications and new listings have improved in recent weeks, thanks to a 25% decline in mortgage rates from October's peak of nearly 8%
by Marian McPherson Jan 11
Fewer than 2% of homes changed hands in 2023, marking 10-year low
Thanks to low inventory and high mortgage rates, just 14 homes out of 1,000 changed hands in the first 6 months of 2023, the lowest rate in a decade, according to data released Tuesday by Redfin
by Ben Verde Jul 18
A quarter of homebuyers were looking to relocate during Q4, 2022
According to a new report, 24.6% of Redfin users were looking to move inspired by high housing costs in most major cities and the freedoms provided by remote work
by Ben Verde Jan 24
Homebuyers/sellers wanting to live in legal abortion states spikes to 19%
As states' laws on subjects like abortion rights and gender-affirming care for children have changed in the last year, consumers take a harder stance this year on where they consider living
by Lillian Dickerson Sep 27
IBuyers gobbled 3.1% market share in 3rd quarter of 2019: Redfin
More than 5% of homes were sold to iBuyers in Phoenix and Raleigh, the top 2 markets for the direct buying platforms
by Patrick Kearns Dec 11