Housing Market
All Reports
March 27, 2025
Brooklyn’s Prospect Heights and Clinton Hill top Redfin’s 2025 list of hot neighborhoods, after posting a 105% spike in home sales from a year ago. Five of the 10 hottest neighborhoods are located on the outskirts of Midwestern metros, with buyers seeking affordability and an easy commute. A neighborhood in the heart of San Francisco […]
March 27, 2025
The median monthly mortgage payment reached a record high this week, putting a lid on pending home sales. New listings, on the other hand, are improving. The typical U.S. homebuyer’s monthly housing payment hit an all-time high of $2,807 during the four weeks ending March 23, up 5.3% from a year earlier. Housing costs are […]
March 24, 2025
The month after the Eaton and Palisades wildfires, home sales and new listings fell in the neighborhoods that were directly impacted. The story is different in the greater Los Angeles metro, where the housing market picked up. Home sales fell by double digits in the Pacific Palisades and Altadena in the wake of January’s devastating […]
March 24, 2025
Young Americans are also tracking behind their parents’ generations; for instance, 33% of 27-year-olds own their home today, compared to 40% of baby boomers when they were 27. Young Americans are losing their momentum when it comes to homeownership. Just over one-quarter (26.1%) of Gen Zers owned their home in 2024, essentially flat from 2023 […]
March 20, 2025
House hunters are touring homes and applying for mortgages as rates stay below 7%, but prospective buyers aren’t always following through with a purchase. The typical U.S. homebuyer’s monthly housing payment is $2,793, just a few dollars shy of the all-time high. Housing payments are sky-high for two reasons. One, sale prices keep rising; the […]
