The number of homesellers exceeded homebuyers by a record 36.8% in October, which is the largest divide between the two groups since at least 2013, Redfin reported on Wednesday
The drop in monthly payments, Redfin reported, followed a decrease in mortgage rates, with 30-year fixed-rate mortgages ultimately hitting a 2025 low of 6.12% on Tuesday
US home inventory hit a record $698B in April — a 20.3% increase from the previous year — but sales aren't keeping pace, a new analysis from Redfin shows