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Housing Market

Investors

Investor Home Purchases Plateau After a Pandemic-Era Rollercoaster Ride

U.S. investor home purchases fell 2% year over year in the third quarter, a much smaller change than the swings of the last several years. Purchases are now back near pre-pandemic levels.  In Florida, investor purchases posted double-digit declines amid an ongoing climate and insurance crisis. But investor purchases saw double-digit gains in a handful […]

Home Sales Sink Across Florida Amid Hurricane Recovery, Surging HOA and Insurance Costs

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 […]
Affordability

Most People Earning Under $50,000 Struggle to Afford Housing. Nearly One-Quarter of Them Have Skipped Meals to Make Their Payments.

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 […]
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