Redfin, Seattle, released a new report finding that the typical U.S. homeowner stays in their home for 11.8 years.
Tag: Redfin
Redfin: Investor Home Purchases Drop Slightly in Q4
Redfin, Seattle, reported investor activity declined in Q4, with 47,004 homes purchased.
Redfin: Typical Buyer Putting Up 16.3% Down Payment
Redfin, Seattle, reported that the typical U.S. homebuyer’s down payment in December was 16.3% of the purchase price, up from 15% a year earlier.
Redfin: Combined Value of U.S. Homes Climbed to $49.7 Trillion
Redfin, Seattle, reported the combined value of U.S. homes increased $2.5 trillion in 2024 to hit $49.7 trillion.
Redfin: 34% of Homeowners Say They’ll Never Sell
Redfin, Seattle, conducted a recent survey, finding that 34% of U.S. homeowners say they’d never sell their home and another 27% say they won’t sell for at least 10 years.
Redfin: Housing Affordability Improved a Bit in 2024
Redfin, Seattle, released an analysis of 2024 affordability trends, finding that there was a slight improvement in housing affordability, although it was still the second-least-affordable year on record.
Redfin: Investor Purchases Plateau
Investor home purchases are now around pre-pandemic levels, reported Redfin, Seattle.
Redfin Finds Young Homeowners More Likely Than Young Renters to Feel Financially Better Off
Around two-thirds of Millennial and Gen Z homeowners say they’re better off financially than they were four years ago, compared to just over half of Millennial and Gen Z renters, according to a new Redfin survey.
Hurricane Helene Is Making Young Americans Rethink Future Residence, Redfin Finds
Hurricane Helene has now become one of the deadliest hurricanes in the U.S. in modern times–and its destructive path may be affecting residential decisions moving forward.
Redfin: Demand for Second-Home Mortgages Lowest Since 2016
Redfin, Seattle, reported mortgage rate locks for second homes fell 13.1% year-over-year in August, to hit the lowest level since March 2016 on a seasonally adjusted basis.