There are only four major U.S. metropolitan areas where it would be cheaper to buy a residence than rent the typical home, according to data from Redfin (NASDAQ:RDFN). In Detroit, the typical home is 24% less expensive to buy than rent – the median estimated monthly...
The median U.S. home price was $371,875 at the conclusion of the four-week period ending May 14, according to data from Redfin (NASDAQ:RDFN). That represents a 2.7% drop, the smallest decline in over a month. The median asking price of newly listed homes was $398,429,...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
