Stock market gains push luxury homebuyers ahead in October
While non-luxury homebuyers are beholden to mortgage rate fluctuations, luxury buyers are using their stock market gains to boost their purchasing power
by Marian McPherson Nov 21
existing-home sales
The gain in existing-home sales once again reflects just how much consumers respond to lower mortgage rates, NAR Chief Economist Lawrence Yun said during a press call on Thursday morning
by Lillian Dickerson Oct 23
New-home sales spiked in August to highest rate since 2022
The 20.5% increase was unexpected and reversed a trend of lower new-home sales thus far in 2025
by Taylor Anderson Sep 24
A new home under construction representing new-home sales
Sales of new single-family homes dropped 8.2% year over year to a seasonally adjusted annual rate of 652K, which still beat analysts' expectations of a rate of about 630K units
by Lillian Dickerson Aug 25
Mortgage rate woes undercut June new home sales
Despite ample inventory and more affordable prices, seasonally adjusted new residential sales dropped 6.6% annually. Experts attributed the drop primarily to mortgage rates
by Marian McPherson Jul 24
Median US home price hits new record as pending sales drop
The median sale price hit $399,633 as pending sales fell 3.5% annually. Mortgage applications, home touring and Google searches for 'homes for sale' increased, a positive sign for sellers
by Lillian Dickerson Jul 10
New-home sales plunge 10.5%, fall below expectations
Compared to December, new-home sales dropped 10.5% to a seasonally adjusted rate of 657K, according to US Census Bureau data
by Richelle Hammiel Feb 26
The late James Earl Jones planted deep roots in the Hudson Valley
Around the time that Jones landed his first hit film role in 'The Great White Hope,' he visited the Hudson Valley with a friend and fell in love with the small town of Pawling
by Lillian Dickerson Sep 10
Median sales prices rise for 9th week despite slowing demand
Amid slowing homebuyer demand, the US median sales price rose to an all-time high of $397,482 at the beginning of July. However, Redfin says a slowdown may be on the way
by Marian McPherson Jul 11
New-home sales show promise with 1.8% annual growth
New-home sales increased 1.8% to a seasonally adjusted annual rate of 661,000. Economists say the report, alongside improved builder sentiment, shows promise for a robust spring
by Marian McPherson Feb 26
New-home sales fall beneath the weight of October mortgage rates
Sales of newly built single-family homes clocked in at a seasonally adjusted annual rate of 679,000 during the month of October
by Ben Verde Nov 27
Median sale price climbs to $426K for only 2nd time in US history
Undeterred by high mortgage rates, buyers battling over scant inventory pushed June's median sale price to the 2nd-highest level in history, according to new data released Monday by Redfin
by Marian McPherson Jul 17
New-home sales soar to 1-year high in March as purchases leap 9.6%
The strong monthly uptick in sales marked the fourth-straight month of increases as homebuyers eased back into the market and adjust to higher mortgage rates, according to new Census data
by Lillian Dickerson Apr 25
New home sales hit 4-month low
New home sales took an 8.6% hit in March as rising home prices and mortgage rates made homebuyers think twice before purchasing a new home, according to new data released Tuesday
by Lillian Dickerson Apr 26
Want a cheap house for Christmas? Head to Santa Claus
Finding hope through the pandemic's darkness has looked different for everyone. For some, that's meant seeking out the spirit of Christmas in places where it lives on the whole year through, like in Santa Claus, Indiana, which has led to a mini real estate boom in the area
by Lillian Dickerson Dec 25