Redfin and Zillow reports highlight unusual market dynamics; homeowners seem undeterred by historic mortgage highs while buyers are urged to navigate with savvy.
Nearing $52 trillion, the U.S. housing market has rebounded since 2022 downturn.
August records a 4% month-over-month increase, but total inventory remains critically low.
Affordability tensions surface as younger generations grapple with climate concerns, high down payment hurdles.
Program mirrors those launched previously by Rocket, UWM.
Zillow report shows FTHB now make up 50% of all buyers
Home builders' Zillow listings will be syndicated to Redfin for expanded visibility.
Survey says ...
But tide for buyers could be turning as homes take longer to sell.
Experts: Affordable housing, less-restrictive zoning needed to close 4.3M-home deficit.