Redfin's survey finds 65% of recent renovators upgraded their current home instead of buying new
Pending sales posted their biggest decline in 3 months amid elevated mortgage rates
Redfin reported that both buyers and sellers are in retreat, active and new listings fell in November, and, ultimately, 2025 will be comparable to the slowest year for real estate in decades
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
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
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
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
In the first quarter of the year, 44.4% of homesellers included concessions in their deals, just shy of the record 45.1% seen at the start of 2023, according to new data released Monday by Redfin
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
68.4% of condos sold below their asking price — the highest share in 5 years. That's a jump from 63.3% last year, signaling a cooling condo market, according to a Redfin report
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
At the end of January, there were 172,209 homes on the market — the most Florida has ever seen. That's a 22.7% jump from last year, according to Redfin's data analysis
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
Persistent market headwinds resulted in a slow beginning to the year, according to Redfin. The typical days on market reached 54 days this month — the slowest pace since 2020
In November, active listings rose 0.5% month over month and 12.1% year over year, according to Redfin's analysis