The number of renter households in America increased 0.8% year over year to 45.4 million in the fourth quarter—the slowest growth since the first quarter of 2023, according to a new report from Redfin.
Tag: Daryl Fairweather
Hurricane Helene Is Making Young Americans Rethink Future Residence, Redfin Finds
Hurricane Helene has now become one of the deadliest hurricanes in the U.S. in modern times–and its destruction may be affecting residential decisions moving forward.
Percentage of Renters Who Think They’ll Never Own Climbs, Redfin Finds
A recent Redfin, Seattle, survey found 38% of U.S. renters don’t believe they’ll ever own a home.
Redfin: Asking Rents Up 2% in February
Redfin, Seattle, reported asking rents rose 2.2% year-over-year to $1,981 in February. They also grew by 0.9% from January.
Redfin: November Asking Rents Post Biggest Drop in More Than Three Years
Redfin, Seattle, reported asking rents declined 2.1% year-over-year in November–the biggest annual drop since immediately pre-pandemic in February 2020.
Redfin: Most Respondents Support More Housing, But Many Don’t Want Apartments in Their Neighborhood
A recent Redfin survey finds that nearly 80% of respondents support policies that promote building more housing.
Redfin Reports New Listings, Pending Sales Ticked Up in September
New listings climbed 1.4% month-over-month in September–the largest increase since February 2022–according to Redfin, Seattle.
Relocating Homebuyers Look Far Afield, Redfin Reports
More than one-quarter of homebuyers nationwide are looking to move to a different metro area, reported Redfin, Seattle.
Redfin: Home Prices See Sharpest Monthly Drop in Decade
Redfin, Seattle, reported the median U.S. home price fell 3.3% in March to $400,528, the largest year-over-year drop since 2012.
New Listings of Home for Sale Down 25% from Year Ago
Redfin, Seattle, reported new listings of U.S. homes for sale dropped 25% from a year earlier during the four weeks ending April 9, continuing an eight-month streak of double-digit declines.