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44.4% of Q1 Home Sales Included Seller Concessions

44.4% of Q1 Home Sales Included Seller Concessions

by Phil Hall | Apr 21, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

During the first quarter of this year, 44.4% of home sale transactions involved seller concessions to buyers, according to data from Redfin (NASDAQ:RDFN). That’s up from 39.3% in the first quarter of 2024 and shy of the 45.1% record set in the first quarter of 2023....
Rental Housing Properties Seek to Attract Tenants with Increased Concessions

Rental Housing Properties Seek to Attract Tenants with Increased Concessions

by Phil Hall | Nov 20, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Concessions for prospective tenants in rental housing are at their highest level in more than two years, according to data from Zillow Group (NASDAQ:Z, ZG). In an analysis of Zillow-advertised rental listings in October, roughly 30% included some sort of concessions....
More Than One-Third of Homebuyers Received Concessions from Sellers

More Than One-Third of Homebuyers Received Concessions from Sellers

by Phil Hall | Nov 14, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

More than one-third of homebuyers (35%) received concessions from sellers during the three-month period ending Oct. 31, according to a new data report from Redfin (NASDAQ:RDFN). While that is roughly equal from the 35.9% share recorded one year ago, it is also up from...
More Than One-Third of Homebuyers Received Concessions from Sellers

More Than 2 in 5 Home Sellers Are Making Concessions to Buyers

by Phil Hall | May 25, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An increasing number of home sellers are making concessions to lure buyers into purchasing their properties. According to new data from Redfin (NASDAQ:RDFN), 42.9% of home sales during the three months ending April 30 involved seller concessions, up from 25.5% one...

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