Housing Market News
More Buyers Are Touring Houses, Applying For Mortgages As We Enter 2024’s Home Stretch
The uptick in early-stage homebuying activity we saw immediately after the election is continuing, despite high home prices and mortgage rates. Homebuying demand is ending
Pending Home Sales Rise After Post-Election Surge in Home Tours
Pending sales posted a big year-over-year increase this week, partly because the boom in early-stage homebuying demand we saw just after the election is translating
Early-Stage Homebuying Demand Jumps to Its Highest Level in 15 Months Despite High Mortgage Rates
The number of homebuyers and sellers contacting Redfin agents has jumped over the last week, with Redfin’s Homebuyer Demand Index posting its biggest year-over-year increase
Home Tours, Mortgage Locks Are Bouncing Back Post-Election
Redfin’s Homebuyer Demand Index is rising and mortgage-rate locks are jumping, with some buyers wading back into the market now that the election has passed
Pending Home Sales Held Steady in Final Run-Up to Election Despite 7% Mortgage Rates
While home sales remained mostly resilient to election jitters and rising rates, Redfin agents report that some house hunters were waiting to hit the pavement
Housing Market Stays Surprisingly Active As Election Looms and Mortgage Rates Hit 7%
Even with the impending presidential election and mortgage rates surpassing 7% for the first time since July, pending home sales posted their biggest increase in