Mark Worley

As a data journalist, Mark helps to explain the range of economic factors impacting the housing market. Prior to joining Redfin, he spent seven years in content operations at real-time information company Dataminr, following reporting and editing roles in Australia, SE Asia and the Middle East.

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Most Recent

Just 2.5% of U.S. Homes Changed Hands This Year, The Lowest Rate in Decades

September 30, 2024

Only 2.5% of U.S. homes changed hands in the first eight months of 2024. The rate of home sales and home listings are both down

Asking Rents for New Apartments Drop 6% to Lowest Level Since 2022, as Finished Buildings Soar

September 26, 2024

The asking rent for a new apartment fell to $1,746 in the second quarter, down 6.2% from a year ago. One-bedroom apartments fell the most,

Half of All Home Listings Have Gone Extra Stale, Unsold After 60 Days on Market

September 25, 2024

48% of all homes for sale in August had been on the market for at least 60 days, up from 43% a year ago. The

U.S. Home Prices Rose 0.5% in August, the Biggest Increase in 4 Months

September 17, 2024

Home prices grew 0.5% month over month in August, the fastest pace since April. On a year-over-year basis, home prices rose 6.7%, the smallest annual

Asking Rents Rose the Most in Over a Year in August, But Remain Below Record Highs Hit Two Years Earlier

September 10, 2024

The median asking rent climbed for the fifth consecutive month, up 0.9% year over year to $1,645. Rents dropped 17.9% in Austin—more than any other

Florida and Texas Condo Supply is Piling Up As Sales Slow Amid High HOA, Insurance Costs

September 4, 2024

Condo inventory is soaring and pending sales are dropping in major Florida and Texas metros like Miami, Jacksonville, Austin and San Antonio, causing prices to