Redfin stock chart with a sharp downward trend and dollar bills on the side, suggesting a financial decline for the company.

Housing Market

Active Housing Inventory for May Falls to Lowest Level on Record

A new Redfin report shows a 7.1% annual drop in homes for sale in May to 1.4 million. Record-low inventory is propping up prices and intensifying competition, boosting the average sale-to-list-price ratio to 100% after nine straight months of sub-100% ratios.

June 22, 2023

Smiling construction worker in a yellow hard hat gives a thumbs up; NAHB and Wells Fargo logos overlay the background behind him.

Housing Market

Unveiling Builder Sentiment: Behind The Rise In Confidence For New Homes

The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) rose five points in June 2023 to 55, lifting builder confidence into positive territory, thanks to solid buyer demand, lack of inventory, and improved supply chain efficiency.

June 21, 2023

Map of the United States overlaid with state shapes and flags (Alaska, California, Texas) and a man in a cowboy hat pointing to the right, with a decorative arc across the center.

Housing Market

The “Texodus” Migration: Over 100K Made the Switch in 2021

A new report from StorageCafe shows migration routes from California to Texas have gotten more crowded as Americans relocate to benefit from more affordable housing and abundant job opportunities. Over 100K made the switch in 2021.

June 16, 2023

Two professionals running in an alley; man labeled 'Rates', woman labeled 'Sellers'.

Housing Market

Staying Put: 92% of Homeowners with a Mortgage are Locked Into Rates Under 6%

A new report from Redfin shows more than nine in ten U.S. homeowners with mortgages locked into rates below 6% and 80% with rates under 5%. With today’s rates hovering just under 7%, most homeowners are staying put, keeping inventory near record lows.

June 15, 2023

Nighttime aerial view of a suspended platform with two groups and signs reading Buyers (left) and Sellers (right).

Housing Market

What Do Buyers Really Want? Insights From Curbio Highlight Buyer-Seller Disconnect

Curbio, Inc. released its Preparing to Sell: 2022 Home Improvement Report, showing a disconnect between what buyers want and what sellers are willing to do.

June 14, 2023

Soccer player wearing a light-blue and white striped jersey with number 10, leaping in front of a map showing Miami and surrounding areas of Florida.

Housing Market

Lionel Messi’s Move to Miami: A Game Changer for the Real Estate Industry

Find out how soccer legend Lionel Messi’s decision to play for Inter Miami could change the real estate market in Miami. Explore the potential impact on property values and the growing appeal of Miami as a hub for world-famous athletes.

June 13, 2023

Close-up of a white cat's face looking at the camera, with a computer screen blurred in the background.

Housing Market

Buyer Competition Drives Up Home Values as Rates Deter Sellers

Zillow released its May 2023 Housing Market Report, showing a 1.4% monthly increase in home prices and a 0.9% annual increase. Buyer competition for available homes is driving up prices as high mortgage rates deter would-be sellers, keeping inventory low.

June 13, 2023

Hands holding a fan of US dollar bills in front of a large blue pie chart and a dark bar chart background.

Housing Market

One-Third of U.S. Homebuyers Paying in Cash

According to a new Redfin report, 33.4% of buyers who purchased a home in April 2023 paid in all cash—up from 30.7% a year ago and just under February’s 33.5%.

June 12, 2023

Collage of six video thumbnails featuring a host with a microphone and bold headlines (e.g., housing gains, all cash everything) with a central, prominent 'HOT SHEET' banner across the middle.

Hot Sheet

State of the Housing Market: Hot Sheet Recap June 5th-9th

This week’s Hot Sheet recap includes updates on home prices, the rental market, the state of the economy, and other breaking news covered by Byron Lazine for the week of June 12th – 19th.

June 10, 2023

City skyline along a river under a thick orange haze (smog/sunset).

Housing Market

NYC’s Air Pollution Sparks Surge in “Sell My House Fast” Searches

There has been a surge in “sell my home fast” searches this week, as air pollution in New York City turned hazardous.

June 9, 2023

Two professionals balance on oversized dollar signs in a residential street, symbolizing wealth and real estate success.

Housing Market

The Housing Inventory Shortage: Broken Down by Income Level

National Association of Realtors® and Realtor.com released a report that analyzes the supply of homes by income level. It found the greatest shortage of housing inventory is for middle-income earners, with a shortage of almost 320,000 homes.

June 9, 2023

Aerial view of a sunny coastal city with high-rise buildings, a marina full of boats, and a long bridge over turquoise water.

Housing Market

10 Cities with the Most (and Least) Amount of Housing Inventory

A new Realtor.com report highlights 10 U.S. cities with the largest annual increases in housing supply and the top 10 with the largest annual decreases.

June 8, 2023

Active Housing Inventory for May Falls to Lowest Level on Record

Unveiling Builder Sentiment: Behind The Rise In Confidence For New Homes

The “Texodus” Migration: Over 100K Made the Switch in 2021

Staying Put: 92% of Homeowners with a Mortgage are Locked Into Rates Under 6%

What Do Buyers Really Want? Insights From Curbio Highlight Buyer-Seller Disconnect

Lionel Messi’s Move to Miami: A Game Changer for the Real Estate Industry

Buyer Competition Drives Up Home Values as Rates Deter Sellers

One-Third of U.S. Homebuyers Paying in Cash

State of the Housing Market: Hot Sheet Recap June 5th-9th

NYC’s Air Pollution Sparks Surge in “Sell My House Fast” Searches

The Housing Inventory Shortage: Broken Down by Income Level

10 Cities with the Most (and Least) Amount of Housing Inventory

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