Housing Market
Home Shopping Season Brings More Motivated Home Buyers
More sellers are returning to the market as home shopping season brings more motivated home buyers.
February 14, 2023
More sellers are returning to the market as home shopping season brings more motivated home buyers.
Redfin reports signs of a housing market recovery after a trough in the second week of November 2022. Economists say recovery has begun, with homebuyers returning to the market—but sellers have been slower to jump back in.
A record number of home buyers look to new metros in search of affordability in the latest Redfin report, with 24.6% of Redfin.com users looking to relocate in the fourth quarter of 2022.
Chris Smith’s Instagram question, a BAM article on defining luxury, Housle as the Wordle of real estate, a Redfin iBuying confession, and Brooks Landry’s IG Reel about Facebook are today’s topics as Victoria Velazquez and Brooks Landry join Byron Lazine and The Broke Agent.
A new Redfin report shows rent growth slowing for the seventh consecutive month in December 2022. The median asking rent rose only 4.8% year-over-year, the smallest increase since July 2021.
Anywhere Real Estate announced a round of layoffs and the end of its iBuyer, RealSure. Zillow and Redfin also shut down their iBuyer programs in 2021 and 2022, respectively.
A new Redfin report shows a record share of sellers giving concessions to buyers, especially in metros that saw explosive growth during the pandemic.
A spoof by Chris Smith struck a nerve with Redfin CEO Glenn Kelman. Here’s a breakdown of what’s happening.
Welcome to BAM’s roundup of the top housing market predictions for 2023, with insights from industry experts at Fannie Mae, Redfin, Zillow, NAR, and Realtor.com®, as well as the minds behind BAM’s weekly podcasts.
A new Redfin report puts the percentage of home sales with all-cash purchases at its highest level since 2014.
A new Redfin report shows a near-record share of home buyers leaving expensive job centers in the three months ending in November. With mortgage rates still above 6% and home prices still rising, buyers are drawn by the potential cost savings.
According to a Redfin report, if home prices decline over the next twelve months, only a small percentage of homeowners would be underwater on their mortgage, making a foreclosure crisis highly unlikely.
For daily real estate news, business and marketing.
