Housing Market News
Housing Market Update: Home Prices Drop 3%, But Monthly Housing Payments Hit Record High As Mortgage Rates Tick Up
Despite high housing costs and a limited supply of homes for sale, many people are out house hunting. The typical U.S. homebuyer’s monthly housing payment
Housing Market Update: Buyers Can’t Buy if Sellers Won’t Sell
New listings of homes for sale are down 25% from a year ago, marking the eighth straight month of double-digit declines. That’s making it difficult
Housing Market Update: Demand Outpaces Limited Supply, Making Some Markets Feel Hot Despite Few Sales
Limited new listings are making it feel like a seller’s market in some parts of the U.S. even though sales are down by double digits.
Housing Market Update: Early-Stage Homebuying Demand Hits Highest Level Since May
Redfin’s Homebuyer Demand Index, which measures requests for tours and other buying services from our agents, jumped as prices fell for the sixth-straight week and
Housing Market Update: Spring Homebuying Season Kicks Off With Steady Demand, But Lack of Listings Holds Back Sales
Homebuying demand persisted as mortgage rates declined for the second week in a row after the Fed announced it will only modestly hike interest rates.
Housing Market Update: Demand For Mortgages Ticks Up As Rates Drop Amid Banking Turmoil
Whether more buyers return to the market depends largely on how the Fed reacts to unrest in the banking industry alongside persistent inflation. If the