Redfin, Seattle, released a new report, finding that there were 32.5% more home sellers than buyers in the U.S. in August.
Tag: Buyers
Redfin: Homebuyers, Sellers Both Retreat
Redfin, Seattle, reported that the U.S. housing market has seen both buyers and sellers retreating recently.
Redfin: Almost One-Quarter of Young Buyers Used Gift or Inheritance in Down Payment
Redfin, Seattle, released a new study finding that 23.8% of Gen Z or millennials who recently bought a home used some form of family money to help fund their down payment.
Redfin: U.S. Housing Market Seeing Many More Sellers Than Buyers
Redfin, Seattle, reported there are currently 34% more sellers in the market than buyers, the highest gap in data going back to 2013.
Zillow Finds Best Metros to Buy, Sell Homes This Spring
Zillow, Seattle, found that Miami tops the list of best places to be a buyer this spring, and Buffalo, N.Y., is the best place to be a seller.
Redfin: Amount Buyers Must Earn to Afford Typical Starter Home Just Shy of All-Time High
Redfin, Seattle, found homebuyers need to earn $79,252 annually to afford the median-priced starter home, only about $500 below the all-time high notched in October 2023 and up 4.4% year-over-year.