Redfin Reports Mortgage Demand Ticks Up As Rates Drop
Amidst banking turmoil, busiest day for rate locks recorded in 2023.
Tagged: Redfin
Redfin: Nearly Half Of Home Sellers Are Making Concessions
In addition, a record 13% of sales include price cuts and final sales below list price.
Redfin: Monthly Housing Payments Hit All-Time High
Payments of nearly $2,600 further dampen homebuying affordability.
Redfin: Higher Rates Mean Fewer Million-Dollar Homes
Share of U.S. homes worth at least $1 million has fallen to 7% from 8.6% last June.
Redfin: 53% Fewer Affordable Homes For Sale In 2022
White households had three times as many affordable housing options as Black households.
High Housing Costs, Low Supply Hinder Home Sales
Redfin economist says housing market took 2 steps forward in December and January, but one step back in February.
Redfin: Home Sale Prices Flatten, Demand Falls
As mortgage rates rise, home sale prices were essentially unchanged YOY for the 1st time since 2015.
Redfin: $2.3T In Home Values Lost In 2nd Half Of ‘22
Bay Area housing market lost the most in percentage terms.