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Tag Archives: Redfin

Average Rent Increases 17% YoY

Now is not a great time to be a renter according to new data from Redfin, which found that the median rent surged in March to $1,940—the largest annual increase since February 2020.

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Mortgage Rates Hit 11-Year High

Not since early 2011 have mortgage rates hit the 5% mark, but this week, that became a reality, as elevated home prices and short supply are making the dream of homeownership an expensive proposition.

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