The number of Redfin.com users who searched for a property outside of where they currently live rose to 31.1% during the second quarter, up from 27.6% a year earlier
Opinion
There is no doubt that the market is slowing. The big question is, 'Are we seeing the normal summer slowdown, or is this the long-anticipated shift?'
The increase in housing starts is a welcome gift, but experts say builders aren't yet betting recent improvements in materials costs are here to stay for the long term
Phoenix once again saw rent prices increase more than any other metro
The number of homes for sale rose in June for the second consecutive month but remained far from a full recovery to pre-pandemic levels
Fannie Mae economists warn rising rents and record home price appreciation could help fuel inflation
After 6 months of easing, credit availability tightened by 8.5% in June
As the official start to summer approaches, agents say the market is less chaotic, and more high-end luxury properties seem to be available and lingering on the market
A Chase survey revealed nearly 4 in 10 potential first-time buyers lost income during the pandemic, setting back their homeownership goals
Opinion
A luxury real estate broker shares his take on the market, what he's seeing in his neck of the woods, plus how he's pivoting his focus to get more sellers
That figure represents the largest share of homes purchased in all cash since 2014, according to Redfin
Tech firm and brokerage HouseCanary found a shrinking gap between the number of new listings and the number of listings going under contract — a potential sign of an improving inventory landscape
Homes also sold at their priciest and at their quickest pace on record during June, but Redfin said that sales pace and market competition have now likely peaked for 2021
The average interest rate on a 30-year fixed rate mortgage dipped further this week, according to data from Freddie Mac
While one subset of baby boomers is flocking to the rental market, another is hesitant to sell
Applications for purchase loans and refinancing both up during holiday-shortened week