Housing Market

Cost of a baby's first year in the United States
Affordability

Baby, You’re Expensive!

The average cost of a baby’s first year in the U.S. is about $26,000 if you upgrade your home, use daycare, have insurance and buy the things parents buy.
rising interest rates and rising offers

Home Buyer's Reaction to Mortgage Rates Spike

During the peak summer home-buying season, macroeconomic factors have shaken things up a bit. Federal Reserve Chairman Ben Bernanke announced a tapering of bond buying if the economy continues to improve, and the markets reacted. Last Friday, June 21, saw an especially steep spike with interest rates jumping from 3.9 to 4.5 percent. Naturally, Redfin […]

Here Comes the Inventory

Inventory—in particular the lack of it—has been a front-page topic this year. We’re back on the topic of inventory today, but with glad tidings: Inventory is finally beginning to recover! Active listings grew 6.4% between March and April and another 4.2% on top of that between April and May. Last year inventory peaked in January […]
Monthly Market Update

Home Prices Shot Up in May As Sales Hit 4-Year High

May’s housing market has good news for everyone. Good news for buyers: For-sale home inventory increased in May for the second straight month. Good news for sellers: prices shot up and home sales hit a four-year high. There are some early signs that the market may be cooling slightly, but for now things are still […]
Scroll to Top