Bidding Wars For Homes Fall To 15-Month Low
Surging mortgage rates and home prices cited for fourth straight monthly decline in competition among buyers.
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Tagged: Redfin
Redfin: Mortgage Rates Top 2008 Levels As Sellers Lower Their Prices
Redfin says the pool of homebuyers is dwindling as mortgage rates reach a record high.
Jun 17, 2022
Redfin: Investors Gravitate To Low-Priced Homes As Interest Rates Peak
Spiking borrowing costs and home prices prompted real estate investors to lose steam, especially for high- and mid-priced homes.
Jun 15, 2022
More Layoffs: Redfin Cuts 470 Employees, Compass Inc. 450
Downturn in housing industry cited; Compass also winding down Modus Technologies Inc.
Jun 14, 2022
Homebuyer Budgets Remain Stagnant, Sellers Must Adjust
Declining budgets are a leading indicator that home price growth has passed its peak and will slow in the coming months.
Jun 13, 2022
Redfin: For-Sale Listings Fall 8%, Smallest Annual Decline Since January 2020
Listings hit the smallest year-over-year decline, indicating a decline in homebuyer demand.
Jun 10, 2022
Luxury Home Sales Fall Nearly 18%
Soaring interest rates, a tepid stock market, rising inflation, and economic uncertainty have put a damper on demand.
Jun 10, 2022
Redfin Reports U.S Median Rent Surpassed $2,000 In May
Rents were up nearly 50% in Austin and 30% in Cincinnati, Seattle and Nashville.
Jun 09, 2022
Prices On Fire: High-Risk Homes Go Up In Price, According To Redfin
With more company employees working from home, many Americans flocked to high fire risk areas, causing homes with high fire risks to sell higher than low-risk homes.
Jun 06, 2022
Sunbelt Cities Remain Top Destinations Despite Rising Home Prices
Miami, Phoenix, and Tampa are the top three places for New Yorkers and Los Angelenos.
May 25, 2022