Redfin reported contract cancellations declined 0.1% in April to 47K
Pending sales post biggest annual gain in 6 weeks as inventory grows and days on market tick up
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
Negotiation headaches and economic jitters are pushing homebuyers to walk away from contracts at higher rates, according to Redfin's latest. Cancellations are highest in Texas in Florida
In the past 2 months, the total number of homesellers in the market has fallen from a peak of 1.96M in May to 1.95M in July, Redfin reported
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As of March, the typical US home took 47 days to sell, the longest stretch in 6 years. Those longer stretches on the market tend to discourage competition, a Redfin report found
In 8 of the nation's largest metros, there was an uptick in homes that sold above asking price last month -- half of those metros in the Bay Area or New York, according to a Redfin report
Although NYC residents made the majority of home purchases in 2024, nearly half of out-of-state buyers came from New Jersey, California and Florida
The slow price growth is attributed to a shortage in housing inventory and limited buyer competition, according to a Redfin report published on Tuesday
The conservative talk show host listed the property in May, and it went under contract within one week. A fan reportedly purchased the home, as well as its furniture and books from the library
Luxury home sales fell 44.6% year over year, according to data released Friday by Redfin. Prices are nevertheless still high because inventory is so low, economists say
All-cash home purchases in the US hit 31.4% of all transactions in July 2022, just short of an 8-year high reached in February 2022, according to new data released Friday by Redfin
Intense competition appears to have driven down average buyers' agent commissions last fall to their lowest point since at least 2017
Homes priced over $1M made up 10.8% of all saved searches on Redfin.com in January, up from 8.5% the previous year, and the highest point this figure has reached since 2017