Redfin, Seattle, found that prospective home buyers are particularly interested in climate-risk data in the aftermath of a major natural disaster. But, that interest quickly fades.
Tag: Redfin
Redfin Predicts a ‘Reset’ in 2026
Redfin, Seattle, predicts a “Great Housing Reset” will begin in 2026–a phenomenon it defines as a “years-long period of gradual increases in home sales and normalization of prices as affordability gradually improves.”
Flood-Prone Areas See People Move Away, Redfin Finds
Redfin, Seattle, released an analysis finding that high-flood-risk counties saw more residents move out than in last year.
Redfin: 29% of Home Purchases Are Made in Cash
Just under three in 10 U.S. homebuyers paid in all cash in August, down insignificantly from 29% a year earlier, according to Redfin, Seattle.
Redfin Shows How U.S. Housing Costs Could Return to ‘Normal’ by 2030 Under Certain Conditions
Redfin, Seattle, released a new report exploring how housing costs could return to “normal” by 2030 if home-price growth stabilizes and mortgage rates fall to 5.5%.
Redfin: Home Purchase Cancellations Jump in July
Redfin, Seattle, reported 58,000 home-purchase agreements were canceled in July, roughly 15.3% of homes that went under contract. That’s the highest July rate for cancellations in records going back to 2017.
Redfin: More Than $50B in Los Angeles Homes Impacted by January Fires
Redfin, Seattle, reported that $51.7 billion in homes in Los Angeles–amounting to about 11,000 residential properties–were impacted by January’s Palisades fire.
Redfin: Almost One-Quarter of Young Buyers Used Gift or Inheritance in Down Payment
Redfin, Seattle, released a new study finding that 23.8% of Gen Z or millennials who recently bought a home used some form of family money to help fund their down payment.
Redfin: One-Third of Baby Boomers Say They’ll ‘Never Sell’
Redfin, Seattle, released a new study finding that 33.5% of Baby Boomers who currently own their homes say they’ll “never sell.”
Redfin: Value of Homes on the Market Hits Record
Redfin, Seattle, released a new report finding that there are $698 billion in homes currently on the market–the highest dollar amount ever recorded.