The Black homeownership rate during the second quarter dropped to 43.9%, according to data from Redfin. This is down from 45.3% one year ago, marking both its lowest level since the fourth quarter of 2021 and the largest year-over-year decline since the third quarter...
Real estate investors mostly stayed away from the housing market during the second quarter, according to new data from Redfin. Between April and June, investors only acquired roughly 52,000 homes, a 6% year-over-year decline and the biggest drop since the fourth...
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...
Las Vegas led the nation’s major metro areas with the largest number of homes for sale in July, according to new data from the Rocket Companies (NYSE: RKT) division Redfin. Last month, the total number of homes for sale in Las Vegas recorded a 31% year-over-year...
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...
Hurricane Isaias Strikes Florida Panhandle as $71.8 Billion in Commercial P…
