Since our last update on March 18, Redfin’s home-buying demand has slowed notably, with 27% fewer customers requesting to see homes over the past seven days than the same time last year. Last week, home-buying demand was still up 1% compared to the prior year. The slowdown is largely a result of stay-at-home orders having […]
Declines felt more acutely in tech hubs like the Bay Area, where more than a quarter of homebuyers report volatility has impacted their ability to afford a down payment
More homebuyers and sellers now expect home prices to decline rather than rise when the next recession hits, a complete flip from just three months earlier.