Soaring Mortgage Rates Trigger Surge In Home Deal Cancellations
Redfin report reveals record-breaking cancellations as homebuyers grapple with high interest rates and mounting housing costs.
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Tagged: Redfin
Too Many Blockades Stopping Would-be Homebuyers
Housing analysts attribute low pending home sales to a variety of factors.
Sep 14, 2023
Return-to-Office Policies Motivating Home Sellers To Relocate
Home sellers in high-cost areas face tough choices as employers change work from home policies.
Sep 13, 2023
Housing Affordability Remains Elusive
Redfin says skyrocketing home prices and limited supply challenge buyers.
Sep 07, 2023
July Sees Slight Uptick In Home Sales, But Market Remains Tentative
Buyers cautious amidst high mortgage rates and limited inventory; Redfin reports year's highest sales yet 15.7% below 2022 numbers.
Aug 25, 2023
Homebuyers Losing Purchasing Power Due To High Rates
Homebuyer on a $3,000 monthly budget lost $71k in purchasing power since August 2022, Redfin reports
Aug 24, 2023
New Builds Make Up One-Third Of Houses On The Market
Homebuyers are turning to newly built single-family homes as overall inventory sits at an all-time low.
Aug 17, 2023
Affordability Trumps Social Views In Texas And Florida Housing Choices
Redfin survey finds many residents prefer living in states with liberal abortion laws, yet economic factors dominate relocation decisions.
Aug 15, 2023
U.S. Home Values Soar to Record $46.8 Trillion Amid Housing Shortage
Suburban appeal, Millennial influence, and 30-year mortgages shape dynamic real estate market.
Aug 14, 2023
Homebuyers Face Rising Mortgage Payments Amid High Rates and Home Prices
Typical U.S. homebuyer’s monthly payment is up nearly 20% from a year ago as prices rise
Aug 04, 2023