Over a quarter (25.8%) of homebuyers using Redfin.com are looking to relocate to different parts of the country—up from 23.7% one year ago and the highest share on record, according to a new report from Redfin.
A new Redfin report reveals first-time buyers in the U.S. need about 13% more income to afford a starter home compared to one year ago, largely due to a combination of higher mortgage rates and low inventory keeping home prices high, despite lower demand.
Tom Toole shares three phrases real estate agents can use to keep homebuyers on the right path in today’s market.
Learn how 13 different flags can have a major impact on the homebuyer’s decision to make an offer.
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%.
Homeowners discover the reality of homeownership as rising prices and home maintenance leave buyers in regret. A report from Clever Real Estate found that 93% of recent buyers have regrets about their homebuying experience.
A new Redfin report shows the share of Redfin.com users looking to relocate to different areas of the country fell 6% year over year—the biggest decline on record—compared to a 23% increase one year ago (April 2022). Within-metro moves fell 17% year over year.
In the race to homeownership, Gen Z gained a slight edge over their parents’ generation. A new Redfin report shows 30% of Gen Z reached homeownership by age 25 in 2022, compared to 27% of Gen X, 28% of millennials, and 32% of baby boomers at that age.
Two comedians on Instagram — Eric D’Alessandro and Luke Donkin — have posted Reels that accurately sum up what a lot of homebuyers are feeling right now about the housing market.
Byron Lazine shares how real estate agents address the fear of homebuyers living paycheck to paycheck.
A new Redfin report reveals the minimum annual income necessary for U.S. home shoppers to afford a typical home in today’s market. Here’s what you need to know.
A new Redfin report shows buyers opting for smaller homes as mortgage rates increase. Here’s what you need to know about the compromises buyers are making to afford a home.
For daily real estate news, business and marketing.
