It is no secret that the price of everything has been rising of late, and it seems that some of the pressure caused by inflation and rising interest ...
Read More »Home Buyers’ Desire to Relocate Reaches Record High
Experts predict the share of Americans relocating will continue to rise throughout 2022, as affordable metros are more attractive than ever.
Read More »U.S. Sees Increases in Rent, Mortgages
Monthly listed rents in the U.S. increased 15.2% year over year to $1,891 in January, according to a new report from Redfin. This was the largest annual jump ...
Read More »Commission Rates at Lowest Point Since 2017
The rate paid to brokerages is at its lowest point in at least four years and well below the 6% mark seen in the '90s.
Read More »First-Time Buyers Utilizing Stimulus for Down Payments
Nearly one in four survey respondents said stimulus payments during the pandemic has helped fund their down payment.
Read More »Crypto Grows in Popularity to Fund Down Payments
Millennials own more crypto than other generation, and many are cashing in on the virtual currency as a means to pay for a down payment on their new home.
Read More »Inflation Impeding Prospective Home Buyers and Sellers
A new report from Redfin has found that nearly 10% of survey respondents are cancelling their plans to buy or sell a home due to inflation.
Read More »Is the Home Buying Well Running Dry?
A new Redfin report has found that the nation’s supply of homes has dipped to a new low, as sales prices climb to all-time high of $360,500.
Read More »Miami Tops U.S. Cities for Homebuyer Destinations
Interest in moving to a new metro area remains elevated above pre-pandemic levels, with roughly 30% of Redfin.com users looking to relocate due to remote work situations.
Read More »Homebuyer Competition Drops to 12-Month Low
Despite an overall decline in buyer competition, populous cities like Richmond and Salt Lake City have had the highest bidding-war rates within the housing market.
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