Empty-nest Baby Boomers own nearly twice as many U.S. homes with three or more bedrooms as Millennial families do, according to a new report from Redfin, Seattle.
Tag: Redfin
Redfin Reports Monthly Payments Tick Up for First Time in 6 Months as Mortgage Rates, Home Prices Jump
The median U.S. monthly mortgage payment is now $2,742, up 0.4% year over year—a small increase, but the first in nearly six months, according to a new report from Redfin.
Redfin: 13.7% of Home-Sale Agreements Fell Through in February
Redfin, Seattle, found 42,000 U.S. home-sale agreements fell through in February, equal to about 13.7% of homes that went under contract that month. That’s a record for February in data going back to 2017.
Redfin: Biggest Gap Between Sellers, Buyers on Record
Redfin, Seattle, reported there were 46.3% more home sellers than buyers in the housing market in February, the largest gap dating back to 2013.
Redfin: Americans Over 70 Holding More Real Estate Wealth
Redfin, Seattle, reported that Americans 70-plus years old held 26% of America’s real estate wealth as of Q3 2025.
Redfin: 20% of Homeowners With a Mortgage Could Save Money by Refinancing
Redfin, Seattle, released a new report finding that 19.8% of homeowners with a mortgage could save money by refinancing. That’s up from 7% this time last year.
Nearly 1 in 5 House Hunters Looking to Relocate, Redfin Reports
Nearly 19% of house hunters looked to move to a different part of the country in the fourth quarter, according to Redfin, Seattle. The figure is up from 17.9% a year earlier and 15.9% five years ago.
Redfin: Relistings Strong in January
Redfin, Seattle, found 45,000 homes that were delisted in 2025 were relisted in January. That’s the highest number for January in records dating back to 2016.
Redfin Reports Typical First-Time Homebuyer Dips to 35 Years Old
Redfin, Seattle, reported the median age of first-time buyers dipped slightly between 2024 and 2025, from 36 to 35.
Redfin: Almost 14% of Home Sales Cancelled in January
Redfin, Seattle, released a new report finding that 40,000 home-sale agreements nationwide were cancelled in January.