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Housing Market

Home » Housing Market
City skyline at sunset with a river in the foreground and glowing streetlights reflecting on the water.
Housing Market

America’s Most Neighborly City

Neighbor.com has declared Rochester, NY, to be the most neighborly city in the U.S. Ranking at #2 last year, Rochester rose to #1 in 2022. Here’s what you need to know.

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October 4, 2022
Black T-shirt with white stacked text listing states: Illinois&, New York&, Connecticut&, Wisconsin&, New Jersey&, Pennsylvania&, Texas.
Housing Market

Markets in Midwest and East Coast Are Slowest to Cool

With mortgage rates and inflation rising, a Redfin analysis revealed the 10 housing markets holding up best. Midwest and East Coast metros dominate the list.

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September 30, 2022
Zillow logo with a blue square icon and the word Zillow, followed by bold blue 'PREDICTS' text beneath.
Housing Market

Zillow Expert Panel Predicts Buyer’s Market in 2023

A Zillow expert panel predicts a buyer’s market in 2023, with rent growth exceeding growth in housing prices. Here’s what you need to know.

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September 30, 2022
Businesswoman studying a large jagged line chart on a grid wall, symbolizing market volatility.
Housing Market

What Today’s Volatile Mortgage Rates Mean for Your Clients

Homebuyers are experiencing whiplash with volatile mortgage rates reaching nearly 7% less than a week after the Fed’s third rate hike and after a recent decline. Here’s what you can do to help.

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September 29, 2022
Homer Simpson peeking through a green hedge with a surprised expression on his face.
Housing Market

Why More Sun Belt Buyers are Backing Out

A new Redfin report shows Sun Belt homebuyers backing out of home purchases faster than buyers in any other area of the U.S. Here’s what you need to know

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September 28, 2022
Crowd of people with raised hands reaching toward a lit luxury home and pool at night.
Housing Market

Goodbye to Bidding Wars: Homebuyer Competition Declines for 7th Straight Month

According to a new Redfin report, bidding wars declined for the seventh straight month, with 44.6% of homes facing a bidding war, down from 63.5% a year earlier.

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September 27, 2022
Blue and yellow 'Apartment Available' sign hanging from a black bracket on a brick row house with blue shutters and greenery nearby.
Housing Market

Renters Spend 26% of Their Income on Housing Costs

According to reports by Redfin and Realtor.com, renters spend 26% of their income on housing costs. But while rents are rising, rent growth has slowed.

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September 26, 2022
Red downward arrow over suburban homes with a global map and charts, indicating a falling housing market.
Housing Market

7th Month of Decline In Existing Home Sales

A news release from the National Association of REALTORS® shows a decline in existing home sales for the seventh straight month, along with annual increases in median home sale prices.

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September 26, 2022
Woman in the crowd shouts with excitement toward a performer in a blue suit, with a colorful gauge graphic overlaid on the scene indicating energy or hype.
Housing Market

Top Ten Cities for Boosting Your Credit Score

Some cities are better than others for boosting your credit score. Upgraded Points conducted an in-depth data study on 60 U.S. cities and ranked their credit score impact. Here’s what you need to know.

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September 24, 2022
Map of the United States with gold stars marking major cities across the country, from Seattle to Miami.
Housing Market

Record Share of Homebuyers Are Relocating

According to a new Redfin report, a record high share of homebuyers are relocating from expensive areas to more affordable ones. Here’s what you need to know.

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September 23, 2022
Close-up of a hand writing on a mortgage check form with a blue pen and cash in the background.
Housing Market

85% of Homeowners Are Locked into Low Mortgage Rates

A new Redfin report found that 85% of homeowners are locked into low mortgage rates. Here’s what it means for buyers and sellers.

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September 23, 2022
Older man in a suit and glasses stands in front of a white government building, raising one arm as if framing something.
Housing Market

Fannie Mae Report Changes the Housing Market Forecast for 2023

With the Federal Reserve again raising the federal-funds rate and mortgage rates above 6%, the latest Fannie Mae report shows forecast changes for the 2022 and 2023 housing market.

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September 22, 2022
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