The typical home that sold during the four weeks ending June 23 sold for less than asking price for the first time at this time of year since 2020, according to Redfin, Seattle.
Tag: Redfin
Redfin: Fewer Than Half of Renters Make Enough for Median-Priced Apartment
Redfin, Seattle, released a new report finding that just 39% of renters make enough to afford the median-priced apartment nationwide.
Redfin Finds More Than 3 in 5 Home Listings Now ‘Stale’
More than three in five homes that were on the market in May had been listed for at least 30 days without going under contract, according to Redfin.
Redfin: Asking Rents Hit Highest Level Since 2022
Redfin, Seattle, found the median asking rent increased 0.8% year-over-year in May to $1,653, just $47 below the record high hit in August 2022.
Redfin Reports Renters Staying Put Longer
Renters are less likely to move than they were a decade ago, as soaring housing costs have priced many out of homeownership, according to Redfin, Seattle.
Redfin Reports Renters Staying Put Longer
Renters are less likely to move than they were a decade ago, as soaring housing costs have priced many out of homeownership, according to Redfin, Seattle.
Redfin Reports Price Drops Hit Highest Level in 18 Months as High Rates Dampen Buyer Demand
Nationwide, 6.4% of home sellers cut their asking price during the four weeks ending May 26, the highest share since November 2022, according to Redfin, Seattle.
Pending Home Sales Dip, Redfin Reports
Pending home sales fell 4.3% from a year earlier during the four weeks ending May 12, the biggest decline in roughly three months, according to a new report from Redfin.
Demand For Vacation-Home Mortgages Fell 40% Last Year, Redfin Reports
Homebuyers took out 90,772 mortgages for second homes in 2023, down 40% from 2022 and down 65% from the pandemic housing boom, according to a new report from Redfin, Seattle.
Redfin: Home Prices Up or Flat in All Major American Metro Areas
Redfin, Seattle, reported the median home-sale price rose from a year earlier or stayed flat in all 50 of the most populous metro areas in the United States during the four weeks ended April 28.