January Was the Most Competitive Month on Record for Homebuyers
February 23, 2022
70% of home offers written by Redfin agents faced competition in January, up from roughly 60% a year earlier and the highest share in Redfin’s
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Homebuyers on a $2,000 Monthly Budget Stand to Lose $13,750 in Spending Power as Mortgage Rates Rise
February 9, 2022
Redfin economists predict mortgage rates will hit 3.9% by the end of the year. At that level, homebuyers could afford a $382,250 home on $2,000
The Value of Austin’s Housing Market Surged Nearly 40% in the Past Year—Twice as Fast as the U.S.
February 3, 2022
The total value of U.S. homes soared 19% year over year to $39 trillion in December, the largest gain that month since at least the
Homebuyer’s Agent Commission Rate Dips to 2.63%, the Lowest Since At Least 2017
February 2, 2022
In a strong seller’s market, some homeowners are realizing they can attract bidders without offering as high of a percentage to the buyer’s agent. The
Rental Market Tracker: Rents Rise 14% in December—Biggest Jump in Over Two Years
January 21, 2022
The biggest increase was in Austin, where rents surged 40% from a year earlier.
3 in 5 Home Offers Faced Bidding Wars in December, Even Amid Holiday Slowdown
January 18, 2022
Many homebuyers are writing upwards of five offers before finding success as remote work, an ongoing housing shortage and low mortgage rates fuel bidding wars.
Most Recent
January Was the Most Competitive Month on Record for Homebuyers
February 23, 2022
70% of home offers written by Redfin agents faced competition in January, up from roughly 60% a year earlier and the highest share in Redfin’s
Homebuyers on a $2,000 Monthly Budget Stand to Lose $13,750 in Spending Power as Mortgage Rates Rise
February 9, 2022
Redfin economists predict mortgage rates will hit 3.9% by the end of the year. At that level, homebuyers could afford a $382,250 home on $2,000
The Value of Austin’s Housing Market Surged Nearly 40% in the Past Year—Twice as Fast as the U.S.
February 3, 2022
The total value of U.S. homes soared 19% year over year to $39 trillion in December, the largest gain that month since at least the
Homebuyer’s Agent Commission Rate Dips to 2.63%, the Lowest Since At Least 2017
February 2, 2022
In a strong seller’s market, some homeowners are realizing they can attract bidders without offering as high of a percentage to the buyer’s agent. The
Rental Market Tracker: Rents Rise 14% in December—Biggest Jump in Over Two Years
January 21, 2022
The biggest increase was in Austin, where rents surged 40% from a year earlier.
3 in 5 Home Offers Faced Bidding Wars in December, Even Amid Holiday Slowdown
January 18, 2022
Many homebuyers are writing upwards of five offers before finding success as remote work, an ongoing housing shortage and low mortgage rates fuel bidding wars.