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U.S. Homeowners Unable to Tap Into Home Equity

“It’s unfortunate so many homeowners are left behind when it comes to accessing their home equity,” said Eddie Lim, Co-Founder and CEO of Point. “Homeowners have earned their equity through diligence, hard work, and planning. They should have a path to leverage their equity even if they don't have perfect credit and a high income.”

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Is Now an Ideal Time to Buy a Home?

Redfin analysts weigh a number of variables playing into potential homebuyers’ decision-making process and reveal why now may be the best time to pursue the American dream of homeownership.

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Increasing Rental Inventory Fuels Rise in Vacancies

While available rental inventory has increased, the overall rental vacancy rate hit nearly 7% in Q3, representing the highest level since 2021. A new Redfin report shows asking rents continuing to linger just below their record high from October.

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