A recent Redfin, Seattle, survey found 38% of U.S. renters don’t believe they’ll ever own a home.
Tag: Daryl Fairweather
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.
Redfin: Spring Home Season Off to Mixed Start
Two reports from Redfin, Seattle, suggest the spring home buying/selling season could be hamstrung by cooling home prices and a usual suspect: not enough housing inventory.
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.