Renters nationwide are catching a slight break in their monthly payments, as Redfin data shows asking rents dropped for the third straight month in December.
Read More »Median Housing Payment Down From October Peak
Monthly mortgage prices have dropped by a few hundred dollars since October, reaching their lowest level in nearly a year.
Read More »Spokane, Washington Hits List of Top-10 Destinations for Movers
For the first time, Spokane is a migration hotspot for people still chasing affordability as the pandemic boom of people moving may be at its end according to Redfin.
Read More »Boost in New Listings Shakes Up the Market
A double-digit increase in new listings is helping bring house hunters off the sidelines, as Redfin reports new life in the marketplace to close out 2023.
Read More »Affordability Expected to Improve in 2024
An anticipated rise in inventory and decline in mortgage rates are expected to ease affordability concerns for many as we enter 2024.
Read More »HUD Reports the Nation’s Homeless Population on the Rise
New data from the Department reveals that more than 650,000 people experienced homelessness on a single night in January 2023, a 12% increase over 2022.
Read More »Pending Home Sales Soar to Highest Levels in a Year
According to a new market report from Redfin, in November, pending sales climbed to their highest level since 2022, while new listings rose, representing the first sign of growth in a year and a half.
Read More »A “Perfect Storm” in 2023 Caused an Affordability Crisis for the Ages
A combination of “inflation, high prices, soaring mortgage rates, and low housing supply caused 2023 to go down as the least affordable year for housing in recent history,” said Redfin Senior Economist Elijah de la Campa.
Read More »Homebuyers to Catch a Break In 2024?
Redfin’s new forecast examines whether next year's market will favor buyers, whether renting will lose any of its appeal, and how location will factor in due to issues such as in-office policies, climate risk, and affordability.
Read More »Median Monthly Mortgage Payment Declines as New Listings Rise
As inflation eases and mortgage rates fell from their highest level, housing payments declined. A new Redfin report reveals an uptick in new listings, and what the drop in monthly payments could mean for homeowners and buyers in the coming year.
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