Redfin, Seattle, found that eight of the 50 most populous metropolitan areas saw an increase in the share of homes that sold for above their original list price in February.
Tag: Redfin

Redfin: 2025’s Most Popular Neighborhoods So Far in New York, Midwest
Redfin, Seattle, released a list of the hottest neighborhoods in 2025, with a select few in New York and the Midwest dominating the rankings.

Redfin Reports Renter Population Grew 1% in Fourth Quarter
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.

Typical Homeowner Stays in House for 11.8 Years, Redfin Reports
Redfin, Seattle, released a new report finding that the typical U.S. homeowner stays in their home for 11.8 years.

Industry Briefs, March 12, 2025
Industry news from Redfin, Rocket Cos., Xactus, Polly, Uplist, Cordless.co, LendingPad, Mortgage Capital Trading, Blend, TransUnion, TrueWork, Calque and STRATMOR Group.

Redfin: Investor Home Purchases Drop Slightly in Q4
Redfin, Seattle, reported investor activity declined in Q4, with 47,004 homes purchased.

Home Price Growth Slows as Mortgage Rates Dip, Redfin Finds
The median U.S. home-sale price rose just 3.5% year over year during the four weeks ending February 23–the smallest increase since September–according to a new report from Redfin, Seattle.

Redfin: Typical Buyer Putting Up 16.3% Down Payment
Redfin, Seattle, reported that the typical U.S. homebuyer’s down payment in December was 16.3% of the purchase price, up from 15% a year earlier.

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.

2024 Saw Lowest Percentage of Cash Purchases in Three Years, Redfin Finds
Redfin, Seattle, reported that the percentage of U.S. home purchases made in cash fell to 32.6% in 2024, a three-year low.