Despite market shift toward buyers, they're still backing away
According to Redfin's data, pending home sales dipped 0.4% year over year to the lowest May level since 2020. Part of that was attributed to sky-high costs and economic uncertainty
by Richelle Hammiel Jun 5
The spring sizzle fizzles: Economic jitters chill buyer demand
Despite a flood of new listings, buyers are cooling off from high prices, rising mortgage rates and economic uncertainty, according to new reports from Zillow and Redfin
by Richelle Hammiel May 16
Federal layoffs are fueling an inventory surge in nation's capital
Active listings in Washington, DC, have surged 25.1% year over year, the largest jump on record and nearly double the national increase of 14.2%, new Redfin data released Wednesday shows
by Richelle Hammiel May 7
Home-sale prices dipped in 11 metros as buyers show caution
As of April 20, home-sale prices fell across 11 US metro areas, marking the 1st time this many markets have seen YOY declines since September 2023, according to Redfin data
by Richelle Hammiel Apr 24
Homebuyers gain leverage as sellers cut prices: Zillow
In January, almost 23% of sellers reduced their listing price — the highest percentage for any January since 2018, according to a new analysis by Zillow
by Richelle Hammiel Feb 12
Homebuyers remain sidelined despite more listing options
Over the 4 weeks ending Feb. 2, new listings across the US have jumped 7.9% from last year to 76,194, the largest increase since late 2024, according to Redfin's analysis
by Richelle Hammiel Feb 6
Fall market preview: Rate cuts have finally arrived — is the recovery on?
It will take more than recent rate cuts for a recovery in home sales to gain traction, a new analysis of market data and economic forecasts suggests. Intel explores what's at stake for the fall market
by Daniel Houston Sep 23
Where listings are bouncing back — and where they're not: Intel
Agents are having very different experiences in the Midwest compared to the coastal South. Intel breaks down 2 years of Realtor.com data to get to the bottom of this split market
by Daniel Houston Aug 26
Disparity in agent splits evident in Northeast, Intel analysis reveals
Times are tough for nearly every real estate business. But different parts of the country report unique challenges and approaches, as illustrated by Intel’s monthly gauge of industry sentiment
by Daniel Houston Jul 19
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
Zoom in closer: 4 regional housing insights from the Inman Intel Index
Times are tough for nearly every real estate business. But different parts of the country report unique challenges and approaches, as illustrated by Intel’s monthly gauge of industry sentiment
by Daniel Houston Jul 8
The silver lining behind the market's mixed messages
While 2024 is looking like more of the same down market, leading indicators may point to happier days ahead, according to Mike DelPrete
by Mike DelPrete May 2
Disappointing economic news hampers early spring market
Economic headwinds and a holiday weekend caused new listings and home tour requests to fall at the end of March, according to Redfin's report. The portal is still bullish on future spring activity
by Marian McPherson Apr 4
Rising rates and home prices stifle January market: Redfin
The Federal Reserve's policy shift depressed homebuyer and homeseller activity in January, according to Redfin. New and active listings both fell from December levels
by Marian McPherson Feb 16
Mortgage rates lead to biggest pending sales drop since October
A record one-day jump in mortgage rates on Feb. 2 pushed pending sales down 8 percent — the biggest decline since October, according to Redfin's latest market report
by Marian McPherson Feb 8