Tag Archives: homebuying frenzy

A new report from Redfin revealed homebuyers received concessions such as money for repairs and mortgage-rate buydowns in a record 42% of home sales in the fourth quarter, up 11% from a year earlier and marking the highest share of any three-month period recorded.

Redfin has found that U.S. regions where home prices spiked due to influx from out-of-town migration are now seeing prices rapidly sliding.