Redfin

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

New Redfin/Ipsos survey finds broad agreement across party lines on first-time buyer tax breaks and other affordability measures

Nearly half of home sales included seller concessions in May, creating new opportunities for borrowers to reduce upfront costs and negotiate better terms

Redfin reports the typical U.S. housing payment rose to $2,647 as elevated home prices and mortgage rates continue to pressure affordability

Closed transactions reflected April's lower mortgage rates, while flat pending sales offered an early warning that higher borrowing costs are weighing on buyers again

Redfin says buyers are keeping more cash on hand as affordability pressures persist and bidding wars ease