home listings

Is the Housing Affordability Bottom Behind Us?

A new Redfin report shows just 16% of homes listed in 2023 were affordable for the typical homebuyer—the lowest share on record, down from 21% in 2022. Affordability is expected to improve in 2024 as mortgage rates drop and supply increases.

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Person wearing a carved pumpkin as a head, in a brown suit and tie, carrying a briefcase outdoors in a parking area.
Housing Market

Best Time To Buy a Home in 2023

Realtor.com® just released its fifth annual Best Time to Buy Report, identifying the week of October 1–7 as the best window of opportunity for buyers in 2023.

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Row of colorful Victorian houses on a steep street with a distant city skyline and cloudy sky behind them.
Housing Market

21% of Home Listings were Affordable in 2022

A new Redfin report shows only 21% of home listings were affordable for the typical U.S. household in 2022, down from 40% in 2021. Only 9% of homes for sale were affordable for the typical Black household, compared to 28% for the typical white household.

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