All-cash home purchases fell to their lowest December share in five years at the end of 2025, as easing mortgage rates and softer competition reduced buyers’ reliance on cash offers, according to Redfin
The typical U.S. down payment fell to $64,000 in December as buyers gained negotiating leverage, mortgage rates eased, and affordability pressures reshaped purchasing behavior
A new Redfin analysis finds buyers now need $111,252 to afford the typical U.S. home — down 4% year-over-year — as lower mortgage rates and slower price growth begin to ease affordability pressures in most major metros
A Redfin-commissioned survey finds single Americans are significantly more likely than married couples to struggle with housing costs, underscoring the financial strain of relying on a single income in today’s high-priced market
Homebuyers still need to earn about $35,000 more than renters to afford a median-priced home, but easing mortgage rates, slower price growth and rising wages have narrowed the affordability gap to its smallest level in three years
