A Record 25% Of Homebuyers In 4Q Sought New Metro Areas
Affordability kept overall numbers of homebuyers down in the quarter, Redfin says.
Affordability kept overall numbers of homebuyers down in the quarter, Redfin says.
Redfin says increases in home searches & tours translate into purchases.
Redfin: Falling rates, signs that inflation is improving bringing buyers back to the market.
Redfin report finds that areas with the biggest pending sales declines were pandemic homebuying hotspots.
'Buyers are asking sellers for things that were unheard of during the past few years.'
Active homes for sale post a record year-over-year increase.
Roughly one-third of U.S. home purchases were made with all cash in October.
Mortgage-purchase applications and Redfin’s Homebuyer Demand Index are both up by double digits since bottoming out earlier this fall.