Housing Market
All Reports
January 27, 2022
As the job market strengthened for lower-wage workers, mortgage forbearance came to an end and investors ramped up purchases, sales and supply rose in the most affordable part of the housing market at the end of last year. Meanwhile, sales of luxury homes fell. Sales of the most affordable homes in the U.S. rose 11.3% […]
January 21, 2022
Historically fast home-price growth has homebuyers and sellers worried the market has become detached from reality. But Redfin’s chief economist says rising mortgage rates and buyers who can afford their homes are preventing a bubble. More than three-quarters (77%) of homebuyers and sellers believe there’s a housing price bubble in the area where they live, […]
January 21, 2022
The biggest increase was in Austin, where rents surged 40% from a year earlier.
January 20, 2022
Rising mortgage rates may start to become more of a deterrent than a motivator for homebuyers.
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. Nationwide, 59.6% of home offers written by Redfin agents faced bidding wars in December 2021, the lowest share in 12 months. That’s down from a revised rate of 61.3% in […]
