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Report: Family Money Helps One-Quarter of Young Homebuyers with Down Payments

Report: Family Money Helps One-Quarter of Young Homebuyers with Down Payments

by Phil Hall | Jul 14, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Bank of Mom and Dad is helping to keep the housing market afloat – a new survey from Redfin determined nearly one-quarter (23.8%) of young Americans who recently bought a home tapped into family money to help cover their down payment. The typical homebuyer’s down...
Report: Fewer Canadians Seeking to Buy US Homes

Report: Fewer Canadians Seeking to Buy US Homes

by Phil Hall | Jul 7, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Fewer Canadians are venturing south in search of American residential properties, according to a new data report from Redfin. The number of Canadian Redfin.com users searching for homes in the US on Redfin.com was down 26.4% year-over-year in May. The decline took an...
Gen Z Accounts for 12% of VA Purchase Loan Market

Gen Z Accounts for 12% of VA Purchase Loan Market

by Phil Hall | Jun 18, 2025 | Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Gen Z homebuyers accounted for a record-high 12% share of the VA purchase loan market during the first half of fiscal year 2025, triple their share from just three years ago. According to an analysis of Department of Veterans Affairs data published by Veterans United...
Data Reports Affirm Housing Supply Outpaces Demands

Data Reports Affirm Housing Supply Outpaces Demands

by Phil Hall | May 29, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The housing market’s supply-and-demand imbalance has tilted in favor of homebuyers, according to a pair of new data reports. Redfin (NASDAQ: RDFN) reports there is currently an estimated 1.9 million home sellers nationwide competing for an estimated 1.5 million...
Survey: 1 in 5 Homebuyers Sell Stocks to Finance Their Down Payment

Survey: 1 in 5 Homebuyers Sell Stocks to Finance Their Down Payment

by Phil Hall | Apr 8, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new survey from Redfin (NASDAQ: RDFN) has found one in five (20%) prospective homebuyers are expecting to sell stocks to help fund their next down payment. Among homeowners, Redfin found roughly one in eight (13%) said they sold stocks to help fund their down...
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