Housing Market Update: Sales Are Slow to Kick Off New Year, But More Buyers Start Searching
The typical home is taking longer to sell than any period since April 2020 and pending sales are at a record low, but online home
As a data journalist at Redfin, Dana Anderson writes about the numbers behind real estate trends. Redfin is a full-service real estate brokerage that uses modern technology to make clients smarter and faster. For more information about working with a Redfin real estate agent to buy or sell a home, visit our Why Redfin page.
The typical home is taking longer to sell than any period since April 2020 and pending sales are at a record low, but online home
The homes that are selling are going for about the same price as a year earlier, with nationwide prices up just 0.5% year over year–smaller
The supply of homes for sale posted a record year-over-year increase this week as homes linger on the market. But some buyers are making their
Redfin agents report some buyers are resuming their search as home prices and rates fall from their peak, but the uptick in house hunting hasn’t
High mortgage rates are motivating affluent buyers to avoid loans and pay in cash. FHA loans are also making a comeback as a slowdown in
The share of Redfin.com users moving away from their home metro is near its record high as 6%-plus mortgage rates and inflation cut into homebuying
The typical home is taking longer to sell than any period since April 2020 and pending sales are at a record low, but online home
The homes that are selling are going for about the same price as a year earlier, with nationwide prices up just 0.5% year over year–smaller
The supply of homes for sale posted a record year-over-year increase this week as homes linger on the market. But some buyers are making their
Redfin agents report some buyers are resuming their search as home prices and rates fall from their peak, but the uptick in house hunting hasn’t
High mortgage rates are motivating affluent buyers to avoid loans and pay in cash. FHA loans are also making a comeback as a slowdown in
The share of Redfin.com users moving away from their home metro is near its record high as 6%-plus mortgage rates and inflation cut into homebuying