The July housing market had 51.3% more home sellers than buyers, according to data from Redfin. That imbalance was slightly below December’s peak of 51.8% and up from the 47.9% share recorded in June. Nationwide, there were an estimated 966,752 buyers in the...
A new data report by the Rocket Companies (NYSE: RKT) division Redfin has determined there were an estimated 72.3% more condo sellers than buyers (108,945 more) nationwide during August. This marked the fifth straight month in which there have been at least 70% more...
One of every six (16.7%) home sellers dropped their asking price in August, up from 15.9% one year earlier. According to data from Redfin, this marked the highest share for August in records dating back to 2012. The typical home that sold in August went for 3.8% less...
A new report by the Rocket Companies (NYSE: RKT) division Redfin is speculating housing costs could return to “normal” by 2030 – but only if home-price growth stabilizes and mortgage rates fall to 5.5%. Redfin defined “normal” as the July 2018 housing market when...
The housing market has lost about 14,000 home sellers over the past two months, according to data from the Rocket Companies (NYSE: RKT) division Redfin. This marked the first decline in sellers in two years. By the end of July, the total number of home sellers was...
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
