Tagged: Redfin

Redfin reports record home prices as existing-home sales reached their highest level since 2022

Redfin says a brief drop in mortgage rates lifted pending home sales to a two-month high, but rising rates and tighter inventory could test whether the momentum lasts

South Florida leads the nation in luxury price premiums, while high-end buyers continue to shrug off mortgage rates that are sidelining much of the broader housing market

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

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