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Sliding mortgage rates are helping to thaw the frozen housing market, Redfin says

Fri, 01/05/2024 - 05:23

Tech Insider : Economy, Economy

A house is for sale in Arlington, Virginia, July 13, 2023. — The housing market may be on the rebound at last.
Saul Loeb/AFP/Getty Images

economy, Markets, Real Estate, economy, Markets, housing-market, house-prices

The housing market is seeing a resurgence as sinking mortgage rates unlock more inventory and sales

Fri, 12/15/2023 - 14:48

Mortgage Rates — In this March 15, 2021 file photo, a sold sign stands in front of new home under construction in Houston. Mortgage rates remained near historic lows this week, Thursday, June 10.
AP Photo/David J. Phillip, File

Real Estate, Markets, housing-market, home-prices, mortgage-rate, Redfin, pending-home-sales

The Fed brought some relief to the housing market

Thu, 12/14/2023 - 11:35

home for sale expensive — The Federal Reserve's rate cut outlook is already being felt in mortgage rates.
Dennis Lane/Getty Images

Real Estate, Markets, Markets, housing-market, real-estate, Investors, federal-reserve

The 'tide turns' in the housing market as asking rents fall by the most in nearly 4 years

Wed, 12/13/2023 - 13:05

Houses with a 'for rent' sign in front of them — Peter Dazeley / Getty Images

Real Estate, Markets, us-rent-prices, rental-market, housing-market, housing-shortage, concessions

Housing keeps getting less affordable – and the math only improved in one major city this year, says Redfin

Thu, 12/07/2023 - 22:57

Tech Insider : Economy, Economy

A real estate agent holding a house key — Redfin expects mortgage rates to dip next year.
Getty Images

Real Estate, economy, real-estate, economy, homebuying, Housing, housing-market

The housing market has hit 'rock bottom' and the sales slump will last a long time, Redfin CEO says

Fri, 11/24/2023 - 11:01

Redfin — Sundry Photography/Shutterstock

Markets, mi-exclusive, us-housing-market, housing-market-outlook, home-prices, housing-slowdown, housing-recession

The housing market is loosening up as mortgage rates sink, but 'window of opportunity could be narrow'

Thu, 11/09/2023 - 12:47

Homebuyers signing a mortgage. — Homebuyers signing a mortgage.
Getty Images

Markets, mi-exclusive, Mortgages, housing-market, mortgage-rates, Homebuyers, housing-prices

The 10 cities with the most competitive housing markets

Thu, 10/19/2023 - 05:30

Omaha Nebraska — Omaha, Nebraska, is one of the most competitive housing markets in the country right now.
Shutterstock

Real Estate, home-prices, housing-market, Affordability, Redfin

Americans now need to earn a record $115,000 to afford a typical home - up more than 50% since the pandemic

Tue, 10/17/2023 - 11:25

Income required for median US home — Income required for median US home
Redfin

Markets, mi-exclusive, housing-market, Homebuyer, buyer, home-price, Affordability

Homebuyer demand has crashed to its lowest level in almost a year as mortgage applications hover near a 3-decade low

Fri, 10/13/2023 - 14:58

Rows of suburban homes in Ocala, Florida — Ocala, Florida
Michael Warren/Getty Images

Markets, mi-exclusive, Markets, housing-market, mortgage-rates, mortgage-applications, Redfin

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