Housing Market
All Reports
1 in 7 Pending Home Sales Are Getting Canceled, the Highest Share During This Time of Year on Record
February 28, 2025
Atlanta, Las Vegas, Houston and parts of Florida are seeing the highest share of deals falling through, with supply piling up in those areas. Los Angeles is among the metro areas with the biggest increase in cancelled sales, due largely to January’s devastating wildfires. More home purchases are being canceled, especially in the southeastern part […]
February 27, 2025
Some Redfin agents are advising prospective buyers to get serious now as mortgage rates decline and the housing market tilts in buyers’ favor. The median U.S. home-sale price rose just 3.5% year over year during the four weeks ending February 23, the smallest increase since September. And mortgage rates have declined to their lowest level […]
February 27, 2025
The number of homes on the market in the Sunshine State rose 23% year over year to a record high in January amid a decrease in homebuying, an influx of newly built homes for sale, intensifying natural disasters, and surging insurance costs and HOA fees. Florida ended January with 172,209 homes for sale—the highest inventory […]
February 25, 2025
That’s up from 15% a year ago. The typical U.S. homebuyer now puts down roughly $63,000, about $4,000 more than last year, because of a jump in home prices. About 31% of buyers are purchasing homes using all cash, down from about 34% a year earlier. 15% of mortgaged homebuyers are using FHA loans, and […]
February 24, 2025
Condo prices are up 5% year over year in inland Florida, but down a respective 5% and 3% on Florida’s Gulf Coast and Atlantic Coast. Inland Florida tends to have newer condos, which haven’t yet had to comply with new rules that have driven up HOA fees elsewhere in the state. It also has less […]
