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.
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Redfin: Value of Homes on the Market Hits Record
Redfin, Seattle, released a new report finding that there are $698 billion in homes currently on the market–the highest dollar amount ever recorded.
Redfin: Combined Value of U.S. Homes Climbed to $49.7 Trillion
Redfin, Seattle, reported the combined value of U.S. homes increased $2.5 trillion in 2024 to hit $49.7 trillion.
Redfin Finds Young Homeowners More Likely Than Young Renters to Feel Financially Better Off
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.
Young Homeowners More Likely Than Young Renters to Feel Financially Better Off, Redfin Finds
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.
Redfin Reports Typical Monthly Housing Payment Dips Below Record
The typical U.S. homebuyer’s monthly housing payment was $2,722 during the four weeks ending July 14, $115 lower than April’s record high, according Redfin, Seattle.
Redfin: Home Prices Up or Flat in All Major American Metro Areas
Redfin, Seattle, reported the median home-sale price rose from a year earlier or stayed flat in all 50 of the most populous metro areas in the United States during the four weeks ended April 28.
Housing Market Roundup Mar. 14, 2023
Here is a summary of recent housing reports that have come across the MBA NewsLink desk:
Housing Market Report: Sellers Retreat; Million-Dollar Homes, Affordable Homes Decrease
In today’s housing market reports, Black Knight, Jacksonville, Fla., said sellers continue to back away amid rising interest rates; and Redfin, Seattle, said inventory of homes at both ends of the spectrum have become less available.
Rent Growth Slows 7th Straight Month
Redfin, Seattle, reported the median U.S. asking rent rose by just 4.8% year over year to $1,979 in December—the smallest increase since July 2021. Despite the slowing, the report said rents grew at more than three times that pace one year earlier.