A Third Of Homebuyers Paying In Cash
Redfin says all-cash home purchases in April hit highest level since 2014.
Redfin says all-cash home purchases in April hit highest level since 2014.
Mortgage rates at 7-month high, lack of listings sidelining homebuyers.
Redfin report finds investors pumped the brakes due to high mortgage rates, low inventory.
Florida the most popular destination for relocating home-buyers.
Monthly housing payments hit a record high this week.
Redfin says that’s nearly double the rate a year earlier.
Nationwide, the typical home costs an estimated 25% more per month to own than rent.
Redfin says demand is high, but so are mortgage rates, which are keeping sellers on the sidelines.
Redfin says inventory is down nearly 20% YOY, but homes for sale are flying off the market.
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