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Sellers began outnumbering buyers in November 2023, when the average rate on a 30-year mortgage climbed to a 23-year high of ...
Last month, according to Redfin, people selling homes outnumbered buyers by nearly 500,000. CBS News business analyst Jill Schlesinger explains what to know about the market change.
Redfin said commissions tend to be lower for ... more in absolute dollars despite slight percentage reductions. Market reactions to the new rules have varied by region, with some agents noting ...
Potential homebuyers may have their interest in the housing market re-ignited, with visits to homes that are for sale increasing, according to real estate platform Redfin, at a time when there are ...
Despite their prominent brands and market presence ... an outlier and do not represent the overwhelmingly positive reaction on the Redfin acquisition by analysts and housing experts.
There were 3.7 months of for-sale supply on the market in January, the most in six years, according to a recent Redfin analysis. That means it would take more than three months to sell all the ...
Almost two-thirds, or 61.9%, of homes listed on the market in May had been for sale for at least 30 days without going under contract, according to a new analysis by Redfin. About 40.1% of homes ...
according to Redfin data. While homes spent about a week longer on the market in January of this year, overall sales for the month were up from last year. However, instability in the federal job ...
"If the housing market were going to crash, it would have already crashed by now," said Daryl Fairweather, chief economist at Redfin. "The housing market has been so resilient to interest rates ...
It also considers each zip code's Redfin Compete Score, a "measure of how difficult it is to win a home in a particular area based on factors including days on the market, the share of homes that ...
A tough housing market got some encouraging signals this week, according to Redfin. Home is offered for ... averaged 6.95 percent as of June 13, a reaction to cooling inflation and other economic ...