Around two-thirds of Millennial and Gen Z homeowners say they’re better off financially than they were four years ago, compared to just over half of Millennial and Gen Z renters, according to a new Redfin survey.
Tag: Redfin
Redfin: Asking Rents Up 0.6% in September
Redfin, Seattle, found asking rents rose by 0.6% year-over-year in September to $1,634. On a monthly basis, they fell 0.2% from August.
Apartment Absorption Down From Year-Ago Rate, Redfin Finds
Just over half of U.S. apartments that delivered in the first quarter rented within three months, the second-lowest seasonally adjusted share since mid-2020, according to Redfin, Seattle.
Apartment Absorption Down From Year-Ago Rate, Redfin Finds
Just over half of U.S. apartments that delivered in the first quarter rented within three months, the second-lowest seasonally adjusted share since mid-2020, according to Redfin, Seattle.
Redfin: Demand for Second-Home Mortgages Lowest Since 2016
Redfin, Seattle, reported mortgage rate locks for second homes fell 13.1% year-over-year in August, to hit the lowest level since March 2016 on a seasonally adjusted basis.
Redfin: Florida, Texas Condo Markets Struggle
Redfin, Seattle, released a recent report looking at condo activity in Florida and Texas amid growing insurance and HOA costs. In major metro areas in both states, inventory is increasing, but pending sales are dropping, the report noted.
Redfin: Investor Home Purchases Post Biggest Increase Since Q2 2022
Investor purchases of homes were up 3.4% year-over-year in Q2, per Redfin, Seattle.
Redfin: Renter Population Growth Beats Buyers in Q2
Redfin, Seattle, released a recent report highlighting that the number of renter households in the U.S. grew more than three times faster than the number of homeowner households in Q2.
Redfin: New Apartments Filling Slowly
Redfin, Seattle, released a report highlighting that newly built apartments are filling up at the slowest pace since the first quarter of 2020.
Redfin: Fewer Than Half of Renters Make Enough for Median-Priced Apartment
Redfin, Seattle, released a new report finding that just 39% of renters make enough to afford the median-priced apartment nationwide.