Housing Market
All Reports
February 5, 2025
Single and divorced people are more likely than people who are married to make certain sacrifices, including skipping meals, to afford rent and mortgage payments, according to Redfin survey findings. That’s largely because single people are making payments alone; for instance, a single Washington, D.C. renter pays nearly $12,000 more per year than someone splitting […]
February 4, 2025
Overall, buyer’s agents are earning an average of 2.37% in commission. That’s essentially unchanged since the new NAR rules took effect in August, but down a bit since the rules were announced last March. Breaking it down by price, the average buyer’s agent commission for $1 million-plus homes has decreased to 2.17%, from 2.22%, since […]
January 30, 2025
There are more than five months of supply on the market, the most since early 2019. Homes are taking a long time to sell largely because housing costs are so expensive–but for buyers who can afford it, there are a fair amount of homes to choose from. Homes are selling at their slowest pace since […]
January 29, 2025
Below we’ve outlined recent Los Angeles housing statistics and insights in light of the devastating wildfires. We’ll be updating this page with new information as it becomes available and as the situation evolves. Redfin agents are working hard to help local homebuyers and sellers navigate disruptions and changes to their transactions. Many Redfin agents are […]
January 23, 2025
In Los Angeles, demand for rentals is spiking as residents displaced by wildfires search for housing. The median U.S. monthly housing payment is $2,686, the highest level in nearly seven months, as of the four weeks ending January 19. Housing costs are high because of rising mortgage rates and home prices: The weekly average mortgage […]
