Redfin, Seattle, reported the share of homebuyers looking to relocate jumped in July as high mortgage rates and home prices motivated Americans to move to more affordable areas.
Tag: Redfin
Housing Market Roundup Aug. 10, 2022: More Home Listings ‘Stale;’ Opportunity Zone Home Prices Lag
Here’s a quick roundup of housing market stories this week:
Homebuyer Income Soars in Housing Hotspots
If you build it, they will come; and they’ll bring buying power (and they’ll need it, too).
More Homebuyers Flock to Climate Risky Areas, Despite Intensifying Natural Disasters
Wildfires? Floods? Other natural disasters? “Bring it on,” homeowners seem to be saying.
Apartment Asking Rents Rise at Slowest Annual Rate Since October
Rent increases tapered off in June, with the national median asking rent rising 14% from a year earlier–the smallest annual increase since October–reported Redfin, Seattle.
Apartment Asking Rents Rise at Slowest Annual Rate Since October
Rent increases tapered off in June, with the national median asking rent rising 14% from a year earlier–the smallest annual increase since October–reported Redfin, Seattle.
House Prices Begin to Fall from Record Highs
Redfin, Seattle, said the median sale price for U.S. homes came down 0.7% from its record-breaking June peak during the four weeks ending July 10.
House Prices Begin to Fall from Record Highs
Redfin, Seattle, said the median sale price for U.S. homes came down 0.7% from its record-breaking June peak during the four weeks ending July 10.
Home Sellers Dropping Asking Price in Most Metros
Price drops have become a common feature of the cooling housing market, particularly in places that were popular with homebuyers earlier in the pandemic, reported Redfin, Seattle.
Balance Returning to Housing Market as Competition Eases
Redfin, Seattle, said after months of tipping heavily in sellers’ favor, the scales of the housing market are “finally balancing out.”