Housing Market
All Reports
Housing Market Update: For-Sale Listings Accumulate, Post Smallest Annual Decline Since January 2020
June 9, 2022
Inventory climbs as buyers back off. More sellers are dropping their price in response. The share of listings with a price reduction is approaching a record high.
June 8, 2022
Rental and home-sale prices increased more than 25% year over year in April in four of the five most popular second-home destinations: Phoenix, Cape Coral, FL, Naples, FL and Las Vegas. Housing costs soared in second-home hotspots even more than the rest of the country after pandemic-fueled remote work prompted many Americans to pack up […]
June 3, 2022
Austin, Las Vegas, Nashville and other metros popular during the pandemic have seen in-migration slow amid surging prices and higher mortgage rates. Homebuyers who are priced out of Austin are turning to San Antonio, located about 80 miles southwest. San Antonio ranks 10th on Redfin’s list of most popular migration destinations, and its popularity with […]
June 2, 2022
More than one in five home sellers dropped their price while several measures of homebuyer demand posted largest declines since spring 2020
June 2, 2022
Redfin experts share home-selling strategies as mortgage rates rise and homebuyer demand falls. Price your home slightly lower than similar homes that sold recently in your neighborhood. Remember that buyers are sensitive to rising rates. List as soon as possible. Make small repairs and stage your home. If you price your home right, you’ll find […]
