Redfin

Housing Market

Redfin Report Reveals 1 in 7 Investors Losing Money

A new Redfin report finds real estate investors losing money on about one of every seven (13.5%) U.S. homes they sold in March, largely due to high mortgage rates dampening buyer demand.

April 26, 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

Housing Market

Calling All Knowledge Brokers: Help Consumers Make Sense of the Latest Housing Market Reports

Four different housing market updates—from Fannie Mae, Redfin, NAR and Zillow—highlight home price changes and challenges for entry-level home shoppers. At first glance, opposing headlines could be confusing for consumers.

April 24, 2023

Roller-coaster carriages climb a steep track with a white diagonal banner reading 'HOME PRICES' across the cars, against a cloudy sky.

Housing Market

The Biggest Home Price Drop in Over a Decade is Here

A new Redfin report shows that home prices fell 3.3% in March, marking the biggest annual drop in over a decade nationwide. But home prices vary greatly based on the local market.

April 20, 2023

Downward-trending blue bar chart over overlapping dollar bills and a 'RENT' label, implying falling rents or rent decline in the economy.

Housing Market

First Annual Rent Decline in Three Years

A new Redfin report shows the first annual rent decline in three years, with the median rent dropping 0.4% year over year in March to its lowest point in 13 months.

April 19, 2023

Modern villa by a pool at dusk with bold market headline: Redfin says vacation-home demand is down more than 50%.

Housing Market

Demand for Vacation Homes Is Down More than 50%

A new Redfin report shows demand for vacation homes is down more than 50% from pre-pandemic levels as mortgage rates, new loan fees, and a cooling rental market deter second-home buyers.

April 12, 2023

Housing Market

Redfin Reports First Annual Drop in Home Prices Since 2012

A new Redfin report for February 2023 shows the first annual drop in home prices since 2012, with sales in San Jose and Austin falling 12 times faster than the national average.

March 20, 2023

Smiling businessman holds stacked coins in his outstretched hand, with a bold overlay reading 'REDFIN > 45%'.

Housing Market

Seller Concessions on the Rise

A new Redfin report shows a rise in seller concessions — with 45% of sellers providing incentives for buyers, with a record 13% of sales involving both price cuts and concessions.

March 16, 2023

Two businesspeople exchanging money, with a bold 'Monthly Mortgage Payments at All-Time High' headline overlay on a gray background.

Housing Market

Monthly Mortgage Payments at an All-Time High

According to a Redfin report, the typical homebuyer is spending $2,563 on housing each month. This puts monthly mortgage payments at an all-time high, while another report shows rent growth continues to slow.

March 13, 2023

Housing Market

10 Most Popular Metros for Relocation

A new Redfin report shows a record share of home buyers on Redfin.com looking to relocate as high housing costs drive 24.9% of them to more affordable metros.

March 3, 2023

Couple holding out keys toward the camera with the message 'Will Buyer Demand Remain Strong?' overlaid on the image.

Housing Market

With Mortgage Rates Rising, Will Buyer Demand Remain Strong?

Zillow reports buyers can expect competition for well-priced homes. Redfin reports buyer demand has cooled due to rising mortgage rates but is still stronger than last fall. The question is, how strong will buyer demand be this spring?

February 21, 2023

Redfin reports: 'Steep Decline in Investor Home Purchases' with a downward red line on a grid background and a hand pointing.

Housing Market

Redfin Report Highlights Steep Decline in Investor Home Purchases

A new Redfin report shows a steep decline in investor home purchases in Q4 2022 compared to Q4 2021, with home purchases down a record 45.8% year-over-year.

February 17, 2023

Redfin Report Reveals 1 in 7 Investors Losing Money

Homeownership by Age 25: Comparing Gen Z to their Parents

Calling All Knowledge Brokers: Help Consumers Make Sense of the Latest Housing Market Reports

The Biggest Home Price Drop in Over a Decade is Here

First Annual Rent Decline in Three Years

Demand for Vacation Homes Is Down More than 50%

Redfin Reports First Annual Drop in Home Prices Since 2012

Seller Concessions on the Rise

Monthly Mortgage Payments at an All-Time High

10 Most Popular Metros for Relocation

With Mortgage Rates Rising, Will Buyer Demand Remain Strong?

Redfin Report Highlights Steep Decline in Investor Home Purchases

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