Housing Market News
Housing Market Update: Declining Mortgage Rates Lure Sellers Off Sidelines, Paving the Way For 2024 Buyers
Listing consults with Redfin agents have risen significantly since rates began to fall last month. Our economists expect buyers will take advantage of lower rates
Housing Market Update: Mortgage Rates and Housing Payments Drop to Lowest Level Since Spring
This week has brought a few pieces of good news to the housing market: Mortgage rates are dropping, new listings are rising and mortgage-purchase applications
Housing Market Update: Buyers Get Early Holiday Gift as Rates Come Down and New Listings Rise
Prices are falling from a year ago in four Texas metros–Austin, San Antonio, Houston and Fort Worth–and in Portland, OR. Redfin predicts price declines will
Housing Market Update: Monthly Mortgage Payments Fall; New Listings Post Biggest Annual Uptick in Over 2 Years
The median monthly mortgage payment has declined more than $150 from its peak to its lowest level since August. Another piece of good news for
Housing Market Update: Buyers Have a Few Things to Be Thankful For This Week, With Listings Rising and Mortgage Rates Falling
New listings posted their biggest year-over-year increase since 2021 during the four weeks ending November 19. The median monthly mortgage payment has fallen more than
Housing Market Update: Mortgage Applications Tick Up As Rates Drop From Peak, New Listings Rise
It’s a chicken-or-egg situation for homebuyers and sellers. Demand is rising partly due to an uptick in new listings, and listings are increasing partly because