Tagged: Redfin

New regulations and rising insurance costs hold back buyers in six major metros.

Pending home sales slowed in January.

Redfin found in the fourth quarter that investors were busy scooping up low-cost housing.

Migration patterns shift amid climate concerns, with air quality emerging as a factor in homebuying decisions.

Largest decline in four months coincides with mortgage rate creep.

Homeowners showed a greater willingness to list their homes in January 2024.

Severe winter weather impacted real estate activity, leading to an 8% decline in pending home sales.

Redfin and First American Data & Analytics reports reveal changing dynamics in real estate.

Median mortgage payment of $2,361 reported during the four weeks ending Dec. 31, marking a $372 per month decrease.

Affordability, remote work constraints, and shifting destination preferences contribute to the decline in homebuyers' relocations.