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.
Tagged: Redfin
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.
Luxury Home Sales Fall Nearly 18%
Soaring interest rates, a tepid stock market, rising inflation, and economic uncertainty have put a damper on demand.
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.
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.
Sunbelt Cities Remain Top Destinations Despite Rising Home Prices
Miami, Phoenix, and Tampa are the top three places for New Yorkers and Los Angelenos.
Mortgage Industry Will Soon Be ARMed To The Teeth
ARM loans might be a saving grace to borrowers who recently purchased a home, but it comes with risks.
Competitive Bids On The Decline
Townhouses were more likely to receive multiple bids.
