Housing Market

Redfin Survey: One-Third of Millennial Homebuyers Are Using Extra Savings From the Pandemic for Their Down Payment

Private outdoor space is the number one feature buyers are looking for this year. Rising prices are the top concern, reflecting America’s hot housing market, with price growth hitting double digits every month this year.  For nearly one-third (31%) of millennial first-time homebuyers we recently surveyed, the ability to save extra money during the coronavirus […]
Investors

Investor Home Purchases Rise for First Time in a Year as U.S. Economy Bounces Back

Institutions are wading back into the U.S. homebuying market after pressing pause at the start of the pandemic Single-family homes and high-priced properties, in particular, are becoming increasingly popular among investors as Americans prioritize space and privacy Investors have the highest market share in mid-sized cities including Miami, Charlotte, Las Vegas and Phoenix—places that have […]
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