More than one-quarter of homebuyers nationwide are looking to move to a different metro area, reported Redfin, Seattle.
Tag: Daryl Fairweather
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.
Homebuyers, Sellers Start Shifting on Climate Risk Issues
Earlier this year, you could get a bidding war for swampland in Florida. Now, said Redfin, Seattle, homebuyers and sellers are getting pickier—and particularly when it comes to climate risk.
Luxury Home Purchases Plummet 28%
Redfin, Seattle, reported sales of high-end U.S. homes fell 28.1% year-over-year during the three months ending Aug. 31.
Housing Market Roundup Sept. 22, 2022
Here’s a quick summary of housing/economic reports that recently came across the MBA NewsLink desk:
More Homebuyers Flock to Climate Risky Areas, Despite Intensifying Natural Disasters
Wildfires? Floods? Other natural disasters? “Bring it on,” homeowners seem to be saying.
Apartment Asking Rents Rise at Slowest Annual Rate Since October
Rent increases tapered off in June, with the national median asking rent rising 14% from a year earlier–the smallest annual increase since October–reported Redfin, Seattle.