Redfin, Seattle, found almost half of apartments built in Q1 were rented out within three months, a slight increase from Q4.
Tag: Redfin
Asking Rents Rise in August, Redfin Reports
Redfin, Seattle, found the median U.S. asking rent rose 2.6%–or $45–year-over-year to hit $1,790 in August.
Redfin Finds the Homeowner Population Fell in Q2
Redfin, Seattle, in a new analysis, found that the number of U.S. homeowner households dropped by 0.1% year-over-year to an estimated 86.2 million in Q2.
Redfin: Seasonal Towns Stagnating
Redfin, Seattle, released a new report finding that the number of homes sold in seasonal towns fell 3% year-over-year, compared with a 1% decline in non-seasonal towns.
Redfin: Seasonal Towns Stagnating
Redfin, Seattle, released a new report finding that the number of homes sold in seasonal towns fell 3% year-over-year, compared with a 1% decline in non-seasonal towns.
Redfin: U.S. Apartment Asking Rents See Biggest Increase Since 2023
Redfin, Seattle, found the median asking rent in July rose 1.7% year-over-year. That’s the largest increase since January 2023.
Redfin: Asking Rents Fell 0.5% Year-Over-Year in June
Redfin, Seattle, reported the median U.S. asking rent fell 0.5% year-over-year to $1,642 in June. That marks the fourth straight month of annual declines.
Redfin Reports Condo Prices See Second-Largest Drop on Record
Redfin, Seattle, found the median U.S. condo sale price fell 2.2% year-over-year to $354,100 in May, the second-largest drop in records dating back to 2012.
Redfin: Gap Between Income Needed for Buying vs. Renting Widens
Redfin, Seattle, found that Americans need to earn $116,633 per year to afford the median priced home for sale, compared with $64,160 needed to afford the typical apartment for rent.
Redfin: February Sees Highest Share of Condos Selling Under List Price in 5 Years
Redfin, Seattle reported that 68.4% of condos that sold in February did so for less than their original asking price.