Housing Market

Redfin 2022 Predictions
Predictions

Redfin Predicts a More Balanced Housing Market in 2022

Higher mortgage rates will end double-digit price growth and new listings will hit a 10-year high Editor’s note: After two of the least predictable years in housing history, we predict that 2022 will be just as unpredictable. But we wouldn’t leave you hanging like that, so Redfin Chief Economist Daryl Fairweather shares below her 10 […]
Luxury Market

Second-Home Demand Rose 70% From Pre-Pandemic Levels in October

While demand for vacation homes has cooled slightly since the start of the year, it’s expected to remain above pre-pandemic levels as Americans take advantage of more permanent remote-work policies. Demand for second homes was up 70% from pre-pandemic levels in October, outpacing August’s 48% gain but below January’s record 91% growth. That’s according to […]
Climate Change

Real-Estate Investors Bought a Record 18% of the U.S. Homes That Sold in the Third Quarter

Investors purchased a record $64 billion worth of homes as growing housing and rental prices boosted prospects for returns. Single-family homes made up nearly three-quarters of investor purchases—an all-time high. Low-priced properties represented 36% of investor purchases, the smallest share on record. Investors had the largest market share in Atlanta, Phoenix, Charlotte, Jacksonville and Miami, […]
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