Redfin, Seattle, reported asking rents declined 2.1% year-over-year in November–the biggest annual drop since immediately pre-pandemic in February 2020.
Tag: Redfin
Redfin Predicts 2024 Will Be the Year Homebuyers Catch a Break
Signs point to a shift toward a buyer’s market in 2024 as pandemic-driven inflation takes its last gasps, mortgage rates come down and more people list their homes for sale, according to Redfin, Seattle.
Redfin Finds Home Prices Up 0.7% Month-over-Month in October
Home prices rose 0.7% month-over-month nationwide to a record high in October, reported Redfin, Seattle.
Redfin: 1 in 3 Homebuyers Paying All Cash, Highest Share in Nearly a Decade
Redfin, Seattle, reported the share of homes bought in all cash hit its highest level since 2014 in September as elevated mortgage rates made paying in cash more attractive.
Redfin: Record Share of Home Sellers Drop Asking Prices
Nearly 7% of for-sale homes posted a price drop during the four weeks ending October 29, on average, the highest portion on record, according to Redfin, Seattle.
Redfin: Nearly One-Third of Homes for Sale Are New Construction
More than 30% of U.S. single-family homes for sale nationwide in the third quarter were new construction, according to a new report from Redfin, Seattle.
Redfin: Most Respondents Support More Housing, But Many Don’t Want Apartments in Their Neighborhood
A recent Redfin survey finds that nearly 80% of respondents support policies that promote building more housing.
Redfin Reports New Listings, Pending Sales Ticked Up in September
New listings climbed 1.4% month-over-month in September–the largest increase since February 2022–according to Redfin, Seattle.
Rents Largely Flat in September, RealPage, Redfin Find
According to RealPage Analytics, Richardson, Texas, and Redfin, Seattle, rents were fairly flat in September.
Rents Largely Flat in September, RealPage, Redfin Find
According to RealPage Analytics, Richardson, Texas, and Redfin, Seattle, rents were fairly flat in September.