Only 28 Out of Every 1,000 U.S. Homes Changed Hands This Year
Homes turned over the most in Virginia Beach, VA and West Palm Beach, FL, while turning over the least in New York and Los Angeles...
Tag : Redfin
Redfin: 27% of For-Sale Homes Are Newly Built, the Lowest Share in 4 Years
The pool of existing inventory is rising as more homeowners list and homes linger on the market. At the same time, some builders are refraining...
29% of U.S. Home Purchases Are Made in Cash, Essentially Flat From a Year Ago
Redfin reports the typical down payment is climbing, partly because in today’s expensive market, many buyers are affluent. It now sits at a record $70,000,...
Home Sellers Are Cutting Prices at a Record Rate to Lure Skittish Buyers
Redfin reports the typical home that sold in August went for nearly 4% under its asking price—the steepest discount for that month since 2019 One...
U.S. Investor Home Purchases Fell 6% in Q2, the Biggest Decline Since 2023
Redfin reports investor purchases of U.S. homes fell to their lowest springtime level since 2020 U.S. real estate investors purchased roughly 52,000 homes in the...
Redfin Reports Homebuyers Have Been Retreating, and Now Sellers Are Too
There are still 519,000 more home sellers than buyers in the U.S. market, but the number of sellers is falling for the first time in...
Redfin Reports Home Purchases Are Getting Canceled at a Record Rate
15% of home purchases fell through last month—the highest July rate on record—as high homebuying costs made buyers skittish. Cancellations were most common in Texas...
Milwaukee Is Holding up Better Than Any Other Major U.S. Housing Market
Redfin reports the majority of America’s most resilient housing markets are located in the Rust Belt and are seeing an increase in home sales and...
Redfin Reports the Top 10 Most-Viewed Online Home Listings of January
Most of Redfin.com’s most-viewed listings have two things in common: They’re located in tech hubs, and they’re expensive. Seven of Redfin.com’s 10 most-viewed home listings...