That outpaced the 31% decline in non luxury home sales—which was also a record drop—but there are early indicators that homebuyer demand may inch back.
A surge in mortgage rates in early November caused sales and prices to slow, but there are early signs that demand may be creeping back
Rents are growing at half the pace they were in the summer and are expected to keep cooling, which should help bring down overall inflation.
Pandemic boomtowns including Sacramento, Austin and Phoenix saw the biggest jump in delistings as prohibitively high housing costs dampened buyer demand. A record 2% of
Redfin believes in giving back to our communities, taking part in philanthropic causes, and providing social value – all while helping to broaden the scope
Investors are pumping the brakes—especially in pandemic boomtowns including Phoenix and Las Vegas—as economic uncertainty and the prospect of falling home prices raise the risk
That outpaced the 31% decline in non luxury home sales—which was also a record drop—but there are early indicators that homebuyer demand may inch back.
A surge in mortgage rates in early November caused sales and prices to slow, but there are early signs that demand may be creeping back
Rents are growing at half the pace they were in the summer and are expected to keep cooling, which should help bring down overall inflation.
Pandemic boomtowns including Sacramento, Austin and Phoenix saw the biggest jump in delistings as prohibitively high housing costs dampened buyer demand. A record 2% of
Redfin believes in giving back to our communities, taking part in philanthropic causes, and providing social value – all while helping to broaden the scope
Investors are pumping the brakes—especially in pandemic boomtowns including Phoenix and Las Vegas—as economic uncertainty and the prospect of falling home prices raise the risk