First-Time Homebuyers Need To Earn 13% More Income
Redfin reports average salary needed is $64,500, but there may be no starter homes.
Tagged: Redfin
Redfin: Home Prices Climb 2.6% Amid Declining Demand And Inventory
The typical monthly mortgage payment declined to $2,599.
Americans Flock To High-Risk Areas Despite Threats
Rising natural disaster risks influence migration trends, with many relocating to high-risk areas despite potential future costs.
Redfin: Just 1% Of Homes Have Sold This Year
Quick increase in mortgage rates has kept buyers and sellers on the sidelines.
Homes Again Selling Near Record Highs
Redfin: As supply falls to new low, demand picks up.
Redfin: For 1st Time In 5 Months Home-Sale Price Rises YOY
Elevated mortgage rates are cutting into homebuyers’ budgets.
Redfin: Typical Home Selling For Just $4K Less Than All-Time High
Median price is down just 0.9% YOY, the smallest decline in nearly four months.
Redfin: Spring Buying Season Never Happened
High mortgage rates preventing homebuyers and sellers from entering the market.