Redfin: More Homebuyers Backing Out Of DealsÂ
About 16% of home-purchase agreements called off in July, highest rate in 2 years.
Tagged: Redfin
Growing Housing Inventory Dampens Competition: Redfin
While new listings dropped 12%, overall housing supply is growing, giving buyers more choices.
Redfin: Share Of Relocating Buyers At All-Time High In July
People are looking for less expensive and better lifestyles.
Redfin Expands iBuying Business To Florida
RedfinNow, which makes cash offers for homes, now operates in 34 markets in 16 states and the District of Columbia.
Do Sellers Still Have The Edge?
Or has the market shifted toward the buyers?
Increasing Number Of Homes On The Market Longer
Redfin reports that 61.2% were listed for at least 30 days, up from 54.4% a year earlier.
Redfin: Homebuyers Return As Mortgage Rates and Prices Drop Steadily
Indicators of homebuyer activity ,such as online searches, requests for tours and agents’ help and mortgage applications, rose as mortgage rates fell below 5%.