One of the most formidable obstacles facing millennials in today’s housing market is having enough cash saved for a down payment, especially given their substantial student loan debt and high rents eating up a large portion of their[...]
Demand for homes grew for the second month in a row in August. The Redfin Housing Demand Index, based on thousands of Redfin customers requesting home tours and writing offers, increased 1.7 percent from July to a seasonally adjusted level[...]
Home sales in September were up 3.2 percent from a year ago. Year-to-date homes sales were up 4 percent compared the same period last year.Strong buyer demand this fall has kept the market moving at a fast pace. The typical home sold in 46[...]
This summer, worries about housing affordability are growing more predominant, according to a Redfin survey of more than 1,800 homebuyers conducted in August.More than 28 percent of homebuyers said “prices are rising or are too[...]
Mortgage rates rose this week, averaging 3.50 percent for a 30-year, fixed-rate loan, up from 3.44 percent last week. Last year at this time, rates were 3.91, according to Freddie Mac.But the real news for homeowners and[...]