Housing Market
All Reports
August 12, 2022
Higher mortgage rates and home prices are pushing some house hunters out of the market, leaving those who remain with more options and negotiating power. Nationwide, 44.3% of home offers written by Redfin agents faced competition on a seasonally adjusted basis in July, compared with a revised rate of 50.9% one month earlier and 63.8% […]
August 11, 2022
New listings are down 12% from a year ago as sellers respond to waning homebuyer demand. Still, overall housing supply is on the rise…
August 9, 2022
A dearth of buyers and relatively few new listings are leading to an uptick in homes sitting on the market longer than a month. It’s giving buyers some breathing room while frustrating sellers. The share of U.S. homes that were listed for 30 days or longer without going under contract increased 12.5% in July from […]
August 5, 2022
Measures of homebuyer activity such as online searches, requests for tours and agents’ help, and mortgage applications rose as mortgage rates fell below 5%.
August 4, 2022
Homebuyer incomes soared in pandemic boomtowns like Boise, Austin and parts of Florida, largely due to remote workers moving in from pricey job centers. Housing markets in many of those places are now slowing down. The typical Boise homebuyer earned $98,000 in 2021, up 24.1% from 2019. That’s the biggest homebuyer income increase of the […]
