Tagged: Redfin

Redfin analysis shows Gen Z homebuyers buying in Rust Belt metros

High home prices and interest rates keep buyers and sellers stagnant, Redfin reports.

This group of homebuyers, less sensitive to today's high mortgage rates, is getting back in the game.

Most substantial drop (62.5% year-over-year) in Austin, Texas

Redfin report indicates monthly payment at all-time high of $2,894

Redfin report shows low-income earners represented just 20.6% of all mortgages in 2023

Rising home prices and mortgage rates pushed monthly payments up 15% last month, year over year.

Redfin says sellers are cutting their asking prices in the two southern states.

Redfin Home Price Index shows 0.6% growth month-over-month

Buyers living in the lap of luxury don't stress about mortgage rates, Redfin reports.