Redfin survey finds homeowners value the sense of belonging and community that comes with ownership, while buyers gain more negotiating power in today's market
Redfin says luxury home prices climbed 4.7% annually through May, with demand accelerating as high-end buyers remain largely insulated from affordability pressures
The slowdown comes during the traditionally busy spring selling season, while buyers continue to gain negotiating leverage through concessions and inspections
Nearly one in five house hunters searched outside their home metro in the first quarter, with Florida and other Sun Belt markets drawing buyers seeking lower housing costs
Nearly half of home sales included seller concessions in May, creating new opportunities for borrowers to reduce upfront costs and negotiate better terms