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The typical renter household could afford half of the homes in only five of the nation’s largest markets in 2019, according to an analysis by Redfin.To determine the share of homes sold that would be affordable to renters, Redfin took the[...]

For 70% of homebuyers, the recent volatility in the stock market due to the novel coronavirus had not impacted their ability to afford a down payment in early March, according to a survey of more than 1,000 Redfin customers who plan to buy[...]

A dramatic drop in mortgage interest rates, driven by coronavirus fears, has given homebuyers a big boost in purchasing power in recent weeks. At the current mortgage interest rate of 3.2%, a homebuyer with a $2,500 monthly mortgage[...]

About 40% of Americans anticipate that the recent spread of the novel coronavirus, also known as COVID-19, will have a negative effect on the housing market, according to a new survey conducted by Redfin.While that represents 2 in 5[...]

Nearly one-third of homebuyers and sellers expect home prices to increase when the next recession hits, a complete flip from just three months earlier, when 56% of those surveyed expected home prices to increase during the next[...]