Baby boomers are pitted against millennials in today’s cutthroat housing market, where there is a shortage of homes and cash reigns supreme.
Author Archives: Taylor
Housing Markets in West Coast Hubs and Zoom Towns Cooling Fastest
Seattle, San Jose, Austin and Phoenix are among the metros with the fastest-cooling housing markets as high mortgage rates, tech turmoil and the lack of homes for sale deter buyers. Connecticut, upstate New York and parts of the Midwest are holding up best.
February New Home Sales: New Home Sales Edged Up Again
New home sales post third straight monthly gain.
Ohio broker warns housing market in East Palestine is hurting
Some appraisers are saying homes are not markable
Mortgage Rate Outlook Uncertain As Fed Hikes Key Rate Again
What happened: Today the Federal Reserve raised the federal funds rate by a quarter of a point in an ongoing effort to curb inflation while acknowledging
The Typical Down Payment Has Fallen 10% From a Year Ago As Housing Market Cools
The typical U.S. homebuyer made a $42,000 down payment in January, the lowest level in nearly two years, amid rising mortgage rates and low competition. At the same time, the share of homes bought in cash reached a nine-year high.
Redfin Real Estate News
Get the latest real estate news and research about the housing market, home prices, bidding wars, predictions, and hottest neighborhoods from tech-powered real estate company Redfin.
Diversity at Redfin in 2022
Every March, Redfin publishes a diversity report summarizing changes in our workforce over the previous year.
February 2023 Existing Home Sales: Sales Snap a 12-month Long Decline as Buyers Return
Low inventory remains a major constraint for home shoppers this spring.
Home Prices Inched Up in February, as Some Home Shoppers Braved the Gauntlet of Low Inventory and High Mortgage Rates (February 2023 Market Report)
The typical U.S. home value climbed slightly from January to February (0.1%). Home values are 4.4% higher than one year ago but 3.3% lower than their peak