Analysis and Data

Coming Up:
Home Sales Fell To Historic Lows In May

Only two months in past decade saw fewer home sales, Redfin reports

Analysis and Data
Mortgage Rates Continue To Move Down

The 30-year FRM averaged 6.95% as of June 13, 2024, down from last week when it averaged 6.99%.

Analysis and Data
Buyers Turn To New Construction As Inventory Lags

May's mortgage applications for new home purchases increased 13.8% from last year.

Analysis and Data
California, New Jersey, Illinois Deemed Most At-Risk Markets

Those three states had 34 of the 50 counties around the U.S. considered most vulnerable to declines.

Analysis and Data
Home Prices Hit A Record High But Relief Expected Soon

Median sale price reaches $394,000; new inflation is data promising, Redfin analysts say

Analysis and Data
Fed Projects A Single Rate Cut As Inflation Eases In May

“We welcome today’s reading and hope for more like that,” Fed Chair Powell said at the close of Wednesday's FOMC meeting.

Analysis and Data
Home Sellers Return While Buyers Withdraw, Inventory Surges

Zillow reports 80% of recent sellers were influenced by life events, not rates or financial conditions.

Analysis and Data
Mortgage Application Volume Jumps 15.6%

Stronger-than-expected jobs report sees rates trending lower reversed, says Mortgage Bankers Association

Analysis and Data
Origination Volume Plummets To Lowest Level Since The Millennium Began

ATTOM reports dollar volume in Q1 2024 was less than one-third of 2021's quarterly high.

Analysis and Data
Florida's Housing Market Cools The Fastest

Redfin points to natural disasters, new construction, and buyer demand fading as primary causes.

Analysis and Data