Housing Market
All Reports
November 21, 2024
The number of homebuyers and sellers contacting Redfin agents has jumped over the last week, with Redfin’s Homebuyer Demand Index posting its biggest year-over-year increase since early 2022. Homebuyers are jumping into the market now that the election has passed and the Fed has cut interest rates for the second time in a row. The […]
November 20, 2024
17.5% of respondents who plan to move in the next year cited a concern for safety/crime as one of the reasons why, while 13.7% cited a concern for natural disasters or climate risks. Safety and climate risk fears outranked a range of reasons to move, including lower property taxes, family changes, and higher rated schools. […]
November 19, 2024
The five U.S. metro areas where pending sales are falling most are all in Florida, though the declines are easing in some metros following a destructive hurricane season. Florida is home to the five U.S. metropolitan areas where pending home sales are falling fastest. In Fort Lauderdale, pending sales dropped 15.2% year over year during […]
November 19, 2024
Home prices grew 0.5% month over month in October, rising at the same pace as September. It was the 12th consecutive month with price growth between 0.2% and 0.7%. On a year-over-year basis, home prices rose 5.9%, the smallest annual increase since December. Eight of the 50 most populous U.S. metros recorded a drop in […]
November 18, 2024
Most U.S. residents who earn less than $50,000 struggle to afford their mortgage or rent payments, according to a recent Redfin-commissioned survey. Of those earning under $50,000 who struggle to afford housing, 21% have delayed or skipped medical treatments, while 15% have worked a side hustle. Broken down by generation, nearly one-quarter of Gen Zers […]
