Housing Market News
Housing Market Update: Sale Prices Flatten, Demand for Mortgages Falls as Rates Climb
As mortgage rates rise, serious homebuyers are scarce. But plenty of people are searching for homes online and touring them, waiting until rates decline to
Housing Market Update: Recovery Stalls As Mortgage Rates Jump
Redfin’s Homebuyer Demand Index is down slightly from last month as somewhat disappointing inflation and jobs reports cause mortgage rates to increase. But demand is
Housing Market Update: More Buyers Step Onto the Field, Luring Some Sellers Off the Sidelines
Pending sales and new listings each posted their smallest declines since September. Homebuyer demand continues to increase from its fall low point despite mortgage rates
Housing Market Update: $2,500 Monthly Budget Buys a $400,000 Home For First Time Since September As Rates Dip Below 6%
Home sellers are starting to come off the sidelines to meet buyer demand as mortgage rates steadily decline, with new listings and pending sales both
Housing Market Update: Pending Home Sales Improve in January As More Buyers Return
Pending sales posted their smallest year-over-year decline in three months as mortgage rates ticked down. Early indicators of homebuyer demand, including tour requests and mortgage
Housing Market Update: Home Prices Post Small Increase as Mortgage-Rate Drop Attracts Buyers
An increase in home searches and tours at the end of 2022 is starting to translate into purchases as mortgage rates fall. Mortgage applications are