News

Real estate investors bought 77,829 homes in the metros tracked by Redfin in the first quarter, down 11.5% from the fourth quarter of 2021 and 16.5% from the third quarter of 2021, when investor purchases hit a record high. On a[...]

Slowing budget growth indicates that home-price growth will slow in the coming months, too. Homebuyer budgets are essentially flat from last year, up just 0.3% year over year nationwide in the three months ending April 30, the slowest[...]

The housing market is shifting from a red-hot seller’s market to one where buyers have some power. After nearly two years of a housing-supply shortage and bidding wars for most homes that did come on the market, higher mortgage rates and[...]

Sun Belt metros are leading the way when it comes to building new homes–and they need them, with scores of buyers moving in from other parts of the country, causing inventory to dwindle and prices to surge.Austin, TX had 31.1[...]

Austin, Las Vegas, Nashville and other metros popular during the pandemic have seen in-migration slow amid surging prices and higher mortgage rates.Homebuyers who are priced out of Austin are turning to San Antonio, located about 80[...]