Properties in California and Florida dominated the list of the nation’s 10 most expensive home sales during June, according to new data from Redfin. All 10 of the properties sold for more than $30 million. The most expensive US home sales of June were: 71 Beverly...
Roughly 57,000 home sale agreements nationwide were canceled during June, which is equal to 14.9% of homes that went under contract last month. According to a new report from Redfin, June’s share of canceled sales was up by 13.9% from one year earlier and marked the...
Two new data reports are offering a rocky view of today’s home selling market. Zillow (NASDAQ: Z, ZG) reports 1.36 million homes were for sale in June, the most since November 2019, with 28 of the nation’s largest metros being defined as either balanced or in buyers’...
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...
The median asking rent in June dropped by 0.5% year-over-year to $1,642, according to data from Redfin. This marked the fourth straight month of annual declines. On a month-over-month basis, asking rents rose 0.6%. June’s median asking rent is $63 below the $1,705...