29% of U.S. Homebuyers Paid Cash in March–the Lowest Share For That Month Since 2020
With hundreds of thousands more home sellers than buyers in the market, fewer house hunters feel inclined to make cash offers to stand out in
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.
With hundreds of thousands more home sellers than buyers in the market, fewer house hunters feel inclined to make cash offers to stand out in
Homebuying affordability improved slightly in April because mortgage rates declined while incomes rose. Still, the income required to afford a home was $29,000 higher than
Contract cancellations declined slightly in April as homebuyers and sellers gained a clearer sense of the housing market after years of volatility, and as demand
Mortgage rates jumped to a 10-month high, spooking would-be homebuyers and sellers after a few weeks of solid demand. U.S. pending home sales fell 1.1%
The share of home sellers cutting their asking prices has fallen from its peak as buyers lose a bit of negotiating power, but price drops
Most homeowners would move if they could–but they feel stuck. Three-quarters of U.S. homeowners would choose to live somewhere else if they could move now
With hundreds of thousands more home sellers than buyers in the market, fewer house hunters feel inclined to make cash offers to stand out in
Homebuying affordability improved slightly in April because mortgage rates declined while incomes rose. Still, the income required to afford a home was $29,000 higher than
Contract cancellations declined slightly in April as homebuyers and sellers gained a clearer sense of the housing market after years of volatility, and as demand
Mortgage rates jumped to a 10-month high, spooking would-be homebuyers and sellers after a few weeks of solid demand. U.S. pending home sales fell 1.1%
The share of home sellers cutting their asking prices has fallen from its peak as buyers lose a bit of negotiating power, but price drops
Most homeowners would move if they could–but they feel stuck. Three-quarters of U.S. homeowners would choose to live somewhere else if they could move now