Investor home purchases are now around pre-pandemic levels, reported Redfin, Seattle.
Tag: Redfin
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.
Redfin Reports Typical Down Payment Hits Record $67,500
The typical down payment for U.S. homebuyers hit a record $67,500 in June, up nearly 15% from $58,788 a year earlier, according to a new report from Redfin, Seattle.
Redfin: Investor Home Purchases Post Biggest Increase Since Q2 2022
Investor purchases of homes were up 3.4% year-over-year in Q2, per Redfin, Seattle.
U.S. Housing Market Nears $50 Trillion in Value, Redfin Finds
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.
Redfin: Florida, California Homeowners See More Insurance Changes
Redfin, Seattle, recently reported 70.3% of Florida homeowners and 51% of California homeowners say they or the area they live in have been affected by rising home insurance costs or changes to coverage over the past year.
Redfin Reports Florida Condo Prices Falling as Insurance; HOA Fees Skyrocket
Prices of condos in some major Florida metros are dropping year-over-year and sales are declining as insurance costs and homeowners association fees climb, according to Redfin, Seattle.
Luxury Home Prices Hit New High; Record Share of High-End Buyers Pay Cash: Redfin
The typical U.S. luxury home sold for a record $1.17 million in the fourth quarter, up 8.8% from a year earlier, according to Redfin, Seattle.