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.
Tag: Daryl Fairweather
![](https://newslink.mba.org/wp-content/uploads/2022/09/Redfin-Luxury-Homes-400.jpg?w=400&h=256&crop=1)
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.
![](https://newslink.mba.org/wp-content/uploads/2022/05/HouseForSale16400.jpg?w=400&h=251&crop=1)
Housing Market Roundup Sept. 22, 2022
Here’s a quick summary of housing/economic reports that recently came across the MBA NewsLink desk:
![](https://newslink.mba.org/wp-content/uploads/2022/07/FloodPhotoMBA2022WhitePaper.jpg?w=400&h=238&crop=1)
More Homebuyers Flock to Climate Risky Areas, Despite Intensifying Natural Disasters
Wildfires? Floods? Other natural disasters? “Bring it on,” homeowners seem to be saying.
![](https://newslink.mba.org/wp-content/uploads/2022/07/Redfin-rents-7-25-22-400.png?w=400&h=292&crop=1)
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.
![](https://newslink.mba.org/wp-content/uploads/2022/07/Redfin-2022-07-10-median-sale-price-400v2.png?w=400&h=310&crop=1)
House Prices Begin to Fall from Record Highs
Redfin, Seattle, said the median sale price for U.S. homes came down 0.7% from its record-breaking June peak during the four weeks ending July 10.
![](https://newslink.mba.org/wp-content/uploads/2022/07/Redfin-2022-07-10-median-sale-price-400v2.png?w=400&h=310&crop=1)
House Prices Begin to Fall from Record Highs
Redfin, Seattle, said the median sale price for U.S. homes came down 0.7% from its record-breaking June peak during the four weeks ending July 10.
![](https://newslink.mba.org/wp-content/uploads/2021/11/HouseForSale31.jpg?w=400&h=265&crop=1)
Home Sellers Dropping Asking Price in Most Metros
Price drops have become a common feature of the cooling housing market, particularly in places that were popular with homebuyers earlier in the pandemic, reported Redfin, Seattle.
![](https://newslink.mba.org/wp-content/uploads/2021/09/HouseUnderContract21.jpg?w=400&h=300&crop=1)
Balance Returning to Housing Market as Competition Eases
Redfin, Seattle, said after months of tipping heavily in sellers’ favor, the scales of the housing market are “finally balancing out.”
![](https://newslink.mba.org/wp-content/uploads/2022/07/Redfin-median-sale-price-7-1-22-400.png?w=400&h=295&crop=1)
Redfin: Asking Prices Come Down from Record High
Home sellers are increasingly ceding to the mounting pressure on affordability posed by rapid mortgage rate hikes, reported Redfin, Seattle.