Share of Newly Built Single-Family Homes Holds in Q1
One-third (33.4%) of single-family homes for sale in the U.S. during Q1 were newly built, according to the latest data from Redfin, a national real estate brokerage. This figure is essentially...
Home Prices Hit an All-Time High in April
Home prices in the U.S. hit an unprecedented high in April, according to the latest data from Redfin, a national real estate brokerage. The median home sale price surged 6.2% year-over-year,...
Asking Rents Post Smallest Increase in 15 Months
Asking Rents were up in November, but the increase was the smallest since August 2021, according to the latest data from Redfin. 4K. Rent in New York City may only be...
Ep. 236 | Mortgage Demand Falls For 7 Straight Weeks
SUMMARY: Total mortgage demand fell for the 7th straight week but purchase demand was up slightly, golden handcuffs are confirmed with 99% of outstanding mortgages under 6.0%, and Redfin announces layoffs for...
Redfin Announces Layoffs & End of iBuying
Redfin announced another round of layoffs and the end of its iBuying, according to a blog post on its website. Redfin announced they would be laying off 862 employees, or roughly...
More Signs Of A Cooldown
For sale prices are dropping and homes are staying on the market longer, according to the Redfin weekly housing report…(Redfin) The share of homes for sale with a price drop rose...
