The total value of U.S homes gained $3.1 trillion over the past 12 months to reach a record $49.6 trillion, according to a new report from Redfin, Seattle.
Tag: Redfin
Redfin: Renter Population Growth Beats Buyers in Q2
Redfin, Seattle, released a recent report highlighting that the number of renter households in the U.S. grew more than three times faster than the number of homeowner households in Q2.
Redfin Reports Typical Monthly Housing Payment Dips Below Record
The typical U.S. homebuyer’s monthly housing payment was $2,722 during the four weeks ending July 14, $115 lower than April’s record high, according Redfin, Seattle.
Redfin: New Apartments Filling Slowly
Redfin, Seattle, released a report highlighting that newly built apartments are filling up at the slowest pace since the first quarter of 2020.
Redfin Reports Typical Home Sells for Less Than List Price
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.
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.