Housing Market
All Reports
December 23, 2020
Sales of luxury homes significantly outpaced the 7% growth in sales of affordable homes this fall, as affluent Americans were more likely to have the means and the flexibility to move during the coronavirus pandemic. U.S. luxury home sales surged 60.7% year over year during the three months ending Nov. 30, the biggest jump since […]
December 22, 2020
The median monthly mortgage payment was $1,094 in November, the lowest of the year, thanks to historically low rates. November was the most affordable month to buy a home in 2020. The median monthly mortgage payment nationwide reached a low of $1,094 in November, down from a peak of $1,163 in February, the month before […]
December 21, 2020
As the housing market heated up this summer, selling to an iBuyer became a less attractive option for many profit-minded homeowners. The nation’s top iBuyers purchased about 1,800 homes in the third quarter, or 0.2% of homes that sold across the 418 U.S. metros tracked by Redfin. That’s down nearly 80% from a year earlier, […]
December 18, 2020
The housing market is still experiencing only a very mild cooldown as home prices and sales both posted strong gains.
December 18, 2020
All-cash home purchases reached a low this year largely due to historically low mortgage rates. Nassau County and a handful of Florida metros had the highest share of all-cash purchases this year. Nationwide, 24.3% of homes sold so far this year were bought with cash, down from 25.3% in 2019 and the smallest share since […]
