In Tighter Market, More Home Sellers Making Concessions

Redfin, Seattle, reported sellers gave concessions to buyers in 45.5% of home sales recorded by Redfin agents during the three months ending February 28, the highest share of any three-month period since June 2020.

Miami Leads Migration Destinations; Austin for First-Time Home Buyers

A record 25% of home searchers looked to move to a different U.S. metro in January, many in search of relatively affordable housing, said Redfin, Seattle. And, New York, said Austin, Texas ranked highest for first-time home buyers.