News

The average homebuyer’s monthly mortgage payment rose $50 over the last six weeks as sellers’ median asking price increased 12% year over year to a new record-high and mortgage rates surpassed 3%. Despite rapidly declining[...]

The median price of homes sold in August was $380,271, up 16% from a year earlier, the lowest growth rate since February. August marked the 13th consecutive month of double-digit price gains.“When it comes to home prices in this market,[...]

Asking prices of homes listed for sale increased to an all-time high during the four-week period ending September 26. Pending sales were up just 4%, the smallest year-over-year increase since June of 2020. Other housing market measures[...]

Early homebuyer demand reached the highest point in at least three years during the week ending September 19, according to Redfin’s Homebuyer Demand Index, which measures requests for home tours and other home-buying services from[...]

Demand for second homes dropped 19.3% year over year in August, marking the third-straight month of declines. Demand for primary homes also fell, slipping 1% year over year in the second-consecutive month of declines.That’s[...]