Redfin, Seattle, reported the typical working family spends about 52% of its annual income on housing and childcare. However, those figures vary significantly by region.
Tag: Redfin
Redfin: Income Needed to Afford Typical American House Near Record High
Redfin, Seattle, reported that Americans need to earn $109,796 to afford the typical U.S. home for sale, down narrowly from the all-time high of $110,382 a year ago.
Redfin: Vacation-Home Mortgages Increase for First Time in Four Years
Redfin, Seattle, found second-home mortgages increased by 4.1% in 2025 compared with 2024.
Redfin: Out-of-State Movers Point to Better Weather, Climate
Redfin, Seattle, released a new survey querying why U.S. residents might be looking at out-of-state moves.
Redfin: Investor Home Purchases at Lowest Level Since Pandemic
Redfin, Seattle, reported U.S. investor home purchases fell 6% year-over-year in Q1 to 45,397, marking the lowest level since 2020.
Redfin: March Cash Purchases Fall to Lowest Level Since 2020
Redfin, Seattle, found 28.8% of U.S. homebuyers paid cash in March.
Redfin Finds Record 34% of Sellers Cut Their List Price in February
More than one-third of home sellers lowered their list price during February, according to Redfin, Seattle.
Empty-Nest Boomers Own 28% of Large Homes; Millennials Own Just 16%, Redfin Reports
Empty-nest Baby Boomers own nearly twice as many U.S. homes with three or more bedrooms as Millennial families do, according to a new report from Redfin, Seattle.
Redfin: 13.7% of Home-Sale Agreements Fell Through in February
Redfin, Seattle, found 42,000 U.S. home-sale agreements fell through in February, equal to about 13.7% of homes that went under contract that month. That’s a record for February in data going back to 2017.
Redfin: 20% of Homeowners With a Mortgage Could Save Money by Refinancing
Redfin, Seattle, released a new report finding that 19.8% of homeowners with a mortgage could save money by refinancing. That’s up from 7% this time last year.