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Top News In Redfin Data Today - Breaking & Trending Today

Redfin Reports Mortgage Rates Are Up, Homes Sales Are Down, As Prices Remain Resilient - Vimarsana News

Redfin Reports Mortgage Rates Are Up, Homes Sales Are Down, As Prices Remain Resilient

Mortgage rates hitting a 7-month high and limited listings are sidelining homebuyers, but many are ready to pounce when rates decline and more homes hit the market ... | June 1, 2023

Redfin Reports Investor Home Purchases Fell a Record 49% Year Over Year in the First Quarter - Vimarsana News

Redfin Reports Investor Home Purchases Fell a Record 49% Year Over Year in the First Quarter

That outpaced a 41% drop in overall home purchases, as rising interest rates and falling home values caused investors to retreat ... | May 31, 2023

Redfin Reports Out-of-Town Moves Have Fallen 6% From a Year Ago, Compared With 17% Drop For In-Town Moves - Vimarsana News

Redfin Reports Out-of-Town Moves Have Fallen 6% From a Year Ago, Compared With 17% Drop For In-Town Moves

Fewer homebuyers are looking to move to a different part of the country as high mortgage rates cool the housing market, but the dropoff isn’t as big as it is for in-metro movers. Florida is the... | May 26, 2023

More Than 2 in 5 Home Sellers Are Making Concessions to Buyers, Nearly Double Last Year's Share - Vimarsana News

More Than 2 in 5 Home Sellers Are Making Concessions to Buyers, Nearly Double Last Year's Share

Redfin reports that while many sellers in some parts of the country are handing out freebies to attract buyers as high rates dampen demand, other markets have so few homes for sale that concessions... | May 25, 2023

Redfin Reports Mortgage Rates Surge Past 7.1% For First Time Since November; Some Buyers Back Off While Others Lower Budget - Vimarsana News

Redfin Reports Mortgage Rates Surge Past 7.1% For First Time Since November; Some Buyers Back Off While Others Lower Budget

Monthly housing payments hit a new record high this week as mortgage rates jumped, pricing out many homebuyers, especially those with limited budgets ... | May 25, 2023