Tag Archives: Redfin

Housing supply fell to a new low in December 2021, fueling a 3.6% month-over-month drop in home sales, severely affecting housing demands.

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.

A new report examines the factors Americans are figuring into their homebuying strategies as the housing market steadies.

Mortgage rates hit levels last seen in May 2020 to kick off the new year, with affordability remaining a hurdle faced by many first-time buyers due to record-high prices.

Homebuyers who purchased homes over the holidays paid high prices due to a surge in demand and an ongoing supply shortage.

Continued supply concerns have forced more to reconsider their home purchases, as the year closed out with a decline in overall purchase apps.

Low housing supply and rising prices sent pending sales downward as contract signings dropped in all regions of the nation.

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.

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.

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.