Affordability is the Number-One Factor Keeping Renters From Becoming Homeowners: Redfin Survey
1 in 3 U.S. renters can’t afford to buy a home where they want to live and 30% are unable to save for a down
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.
1 in 3 U.S. renters can’t afford to buy a home where they want to live and 30% are unable to save for a down
Demand for single-family homes surged during the pandemic—but it surged so much that condos are now all some homebuyers can afford. The typical U.S. condo
With home prices up 16% from a year ago and mortgage rates rising, many Americans are searching for homes in more affordable areas. The share
Use unique strategies to make your offer stand out, such as releasing the earnest-money deposit early, and making it nonrefundable. Waive the appraisal contingency
House hunters are most active on Tuesday evenings, right in the middle of the workweek. In the midst of today’s red-hot housing market, Americans are
The vacation-home boom started fading in February, partly because of rising mortgage rates. Still, demand for second homes is 35% above pre-pandemic levels. Demand for
1 in 3 U.S. renters can’t afford to buy a home where they want to live and 30% are unable to save for a down
Demand for single-family homes surged during the pandemic—but it surged so much that condos are now all some homebuyers can afford. The typical U.S. condo
With home prices up 16% from a year ago and mortgage rates rising, many Americans are searching for homes in more affordable areas. The share
Use unique strategies to make your offer stand out, such as releasing the earnest-money deposit early, and making it nonrefundable. Waive the appraisal contingency
House hunters are most active on Tuesday evenings, right in the middle of the workweek. In the midst of today’s red-hot housing market, Americans are
The vacation-home boom started fading in February, partly because of rising mortgage rates. Still, demand for second homes is 35% above pre-pandemic levels. Demand for