Do you work at Redfin? Claim your profile
Amidst banking turmoil, busiest day for rate locks recorded in 2023.
In addition, a record 13% of sales include price cuts and final sales below list price.
Payments of nearly $2,600 further dampen homebuying affordability.
Share of U.S. homes worth at least $1 million has fallen to 7% from 8.6% last June.
White households had three times as many affordable housing options as Black households.
Redfin economist says housing market took 2 steps forward in December and January, but one step back in February.
