Tagged: Redfin

More home-purchase agreements canceled than any other July on record

Typical homebuyer paid $2,588 during four weeks ending August 11

San Jose and Las Vegas home to 27% year-over-year growth in investor purchases

According to Redfin, the total value of the U.S. housing market grew 6.6% year over year.

Redfin reported that high-fire-risk counties saw 63,365 more people move in than out in 2023.

Inventory is getting stale, agents say, due to continued high rates, payments

The typical U.S. homebuyer’s monthly housing payment was $2,671 during the four weeks ending July 21, the lowest level in four months.

Deals are falling through as buyers grow selective and the reality of high housing costs hits home.

Fannie Mae and Redfin both forecast home price growth slowing in latest reports.

Redfin data shows a homebuying window has opened