Redfin: Buyers Can Start To Take Their Time
Report says homes are taking longer to sell, as few are being listed and even fewer are selling.
Tagged: Redfin
Are We Entering A Buyers' Market?
Are people moving to less expensive metros?
Redfin: Home Bidding Wars At Lowest Level In Over 2 Years
The competition rate dipped below 50% in June for the first time since the start of the pandemic.
Highest Inflation Rates Lurk In Migration Hotspots: Redfin
Popular migration areas such as Phoenix, Atlanta, Tampa, and Miami have the highest inflation rates in the country.
Prices Begin To Tumble From Their Record Peak
U.S. homes came down 0.7% from its record-breaking peak in June.
Mortgage Rates, Affordability Prompt Rapid Relocations
Redfin found that a record share of homebuyers are relocating as high prices and mortgage rates make affordable areas more attractive.
Redfin: Home Inventory Up For First Time In Almost 3 Years
High mortgage rates are keeping homebuyers reluctant, leading to declining home sales and a build-up of supply.
Why Are Homebuyers Backing Out Of Deals?
And what does it mean for the market?