Sixty thousand home purchases fell through in August, a recent high, for reasons ranging from inflation to mortgage interest rates and evaporating work-from-home opportunities. Click through to dive into the data behind this trend.
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Number of House Hunters on the Rise
New Redfin data reveals that Google searches for “homes for sale” were up nearly 50% from their November low during the week ending January 7. Here’s what else the data reveals about the state of the housing market.
Read More »More Homeowners Dropping Selling Prices
Price drops are a common feature of a cooling housing market, as home sellers contend with apprehensive buyers amid rising rates and a looming recession.
Read More »Limited Options Speeding Up Home Sales
Homes are selling as quickly as listed, as nearly 60% of homes that went under contract sold within two weeks of being listed in February.
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