Redfin, Seattle, found the median U.S. asking rent rose 2.6%–or $45–year-over-year to hit $1,790 in August.
Tag: Redfin
Redfin Finds the Homeowner Population Fell in Q2
Redfin, Seattle, in a new analysis, found that the number of U.S. homeowner households dropped by 0.1% year-over-year to an estimated 86.2 million in Q2.
Redfin Shows How U.S. Housing Costs Could Return to ‘Normal’ by 2030 Under Certain Conditions
Redfin, Seattle, released a new report exploring how housing costs could return to “normal” by 2030 if home-price growth stabilizes and mortgage rates fall to 5.5%.
Redfin: Seasonal Towns Stagnating
Redfin, Seattle, released a new report finding that the number of homes sold in seasonal towns fell 3% year-over-year, compared with a 1% decline in non-seasonal towns.
Redfin: Homebuyers, Sellers Both Retreat
Redfin, Seattle, reported that the U.S. housing market has seen both buyers and sellers retreating recently.
Redfin: Home Purchase Cancellations Jump in July
Redfin, Seattle, reported 58,000 home-purchase agreements were canceled in July, roughly 15.3% of homes that went under contract.
Redfin: Home Sales See Slow Summer Pace
Redfin, Seattle, released a recent report finding that the typical home that went under contract in July was on the market for 43 days, up from 35 days a year earlier.
Redfin: U.S. Apartment Asking Rents See Biggest Increase Since 2023
Redfin, Seattle, found the median asking rent in July rose 1.7% year-over-year. That’s the largest increase since January 2023.
Redfin: More Than $50B in Los Angeles Homes Impacted by January Fires
Redfin, Seattle, reported that $51.7 billion in homes in Los Angeles–amounting to about 11,000 residential properties–were impacted by January’s Palisades fire.
Redfin Finds 1 in 7 Pending Home Sales Fell Through Last Month
More than 57,000 home-sale agreements were canceled nationwide in June, equal to 14.9% of homes that went under contract that month, according to Redfin, Seattle.