homebuyers

Aerial view of a sunny coastal city with a ferris wheel, high‑rise hotels, and a long beachside pier along the water.

Housing Market

Is Myrtle Beach the New Hotspot?

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.

August 25, 2023

Person hiding their face behind a fan of US dollar bills held in both hands, showing pink nails and rings in the foreground on a blurred background

Housing Market

What First-Time Buyers Need to Earn to Afford a Home Today

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.

August 1, 2023

Row of four white icons on a black background: a map pin, a checklist with a pen, a dollar sign in a circle, and a floor plan

Agent Strategy

3 Phrases to Help Keep Homebuyers on the Right Path

Tom Toole shares three phrases real estate agents can use to keep homebuyers on the right path in today’s market.

July 25, 2023

Five red pennant flags on poles in the top row, five in the middle row, and three in the bottom row.

Housing Market

13 Flags that Can Make or Break a Deal in Real Estate

Learn how 13 different flags can have a major impact on the homebuyer’s decision to make an offer.

July 4, 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

Man with mustache in a light shirt and jeans stands with hands behind his back beside an empty, cracked swimming pool.

Housing Market

Homebuyer’s Remorse: Hidden Realities Shake the Dream of Homeownership

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.

June 5, 2023

Harbor scene with yachts and a skyline at sunset; overlay text reads 'REDFIN Top 10 Destinations for Homebuyers on the Move'.

Housing Market

A Look at the Top 10 Popular Destinations for Homebuyers on the Move

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.

May 31, 2023

Happy couple posing with house keys during a move-in, with boxes in a living room behind them.

Housing Market

Homeownership by Age 25: Comparing Gen Z to their Parents

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.

April 25, 2023

Man in a suit holding a microphone, gesturing with open arm beside a bold headline: 'The New York Times Housing Market Collapse Imminent?' in black font on white background.

Humor

How All Your Homebuyers Are Feeling Right Now

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.

April 21, 2023

Agent Strategy

How to Support Homebuyers Living Paycheck to Paycheck

Byron Lazine shares how real estate agents address the fear of homebuyers living paycheck to paycheck.

February 2, 2023

Man in a light blue shirt sits on the floor, head in hand, looking distressed while holding a black wallet.

Real Estate News

Homebuyers Need $107,000 a Year to Afford the Typical Home

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.

November 16, 2022

Notebook page with handwritten financial numbers and a dollar sign, surrounded by scattered ten-dollar bills and a blue pen on a desk.

Housing Market

As Mortgage Rates Increase, Homebuyers Make Sacrifices

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.

October 6, 2022

Is Myrtle Beach the New Hotspot?

What First-Time Buyers Need to Earn to Afford a Home Today

3 Phrases to Help Keep Homebuyers on the Right Path

13 Flags that Can Make or Break a Deal in Real Estate

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

Homebuyer’s Remorse: Hidden Realities Shake the Dream of Homeownership

A Look at the Top 10 Popular Destinations for Homebuyers on the Move

Homeownership by Age 25: Comparing Gen Z to their Parents

How All Your Homebuyers Are Feeling Right Now

How to Support Homebuyers Living Paycheck to Paycheck

Homebuyers Need $107,000 a Year to Afford the Typical Home

As Mortgage Rates Increase, Homebuyers Make Sacrifices

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