15% of homebuyers 'ghosted' homesellers in September
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
by Marian McPherson Oct 22
Buyer's market now in doubt as new listings tank 7.3%
Zillow's latest market report revealed a burgeoning seller retreat in August, as new listings dropped 7.3% in 1 month. However, there are still plenty of opportunities for buyers to make a deal
by Marian McPherson Sep 16
Broker Spotlight: The Agency Costa Rica
After more than 15 years leading some of Costa Rica's biggest luxury sales, find out how the pair has partnered with The Agency to raise the bar for clients and agents
by Christy Murdock Sep 4
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
Number of cities with $1M starter homes balloons 174% from 2020
From 2020 to 2025, the number of cities with $1M starter homes has grown from 85 to 233. Such cities were spread across 25 states; California and New York had the highest concentration
by Marian McPherson Apr 24
Buying vs. renting: The income gap is widening, Redfin says
The typical American now needs to earn over $116,600 annually to afford a median-priced home in the US, compared to just $64,160 needed to afford an average apartment, according to Redfin
by Richelle Hammiel Apr 10
Bay Area, NYC buyers drive bidding wars as market shifts loom
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
by Richelle Hammiel Apr 1
Renting becomes sign of wealth as many opt against homebuying
Cities in California, North Carolina, Florida and New York have seen a surge in wealthy renters compared to pandemic numbers
by Richelle Hammiel Mar 11
Insurance, property taxes taking a bigger bite of buyers' budgets
With the average homeowner spending $442 a month on property taxes and insurance, real estate agents and mortgage lenders are urged to help their clients shop for better deals
by Matt Carter Mar 3
Home values have surged at 2X the normal rate since pandemic
Since 2020, US home values have risen by 45.3%, meaning more than 10 years of typical home value growth has been packed into a 5-year period, a new report from Zillow shows
by Lillian Dickerson Feb 27
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
ADUs take center stage as Los Angeles housing goes up in smoke
As wildfires rage across California, destroying over 9K homes and displacing thousands of residents, ADUs emerge as a critical housing solution
by Richelle Hammiel Jan 13
Home tours are on the rise — but buyers aren't making offers
Homebuyers began the new year with more home tours; however, Redfin says elevated mortgage rates have stopped them from signing contracts
by Marian McPherson Jan 9
Home prices hit new highs in 2024. These 2 factors could ease the pain 
Prices hit record highs in 2024, making affordability just as big a problem as it was on the eve of the 2007 housing bust. But this time, prices in most markets are expected to decelerate, not fall
by Matt Carter Jan 2