Another sports team eyeing public funds for a new stadium, property tax relief comes to Texas, and a social media influencer who gave very bad advice. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 16-20. Miss: Who’s...
A new data report from Redfin (NASDAQ: RDFN) has determined the median home-sale price hit a record $396,500 during the four weeks ending June 15, a 1% year-over-year uptick. However, this is roughly $26,000 lower than the median asking price of $422,238. Redfin noted...
A new survey published by Redfin (NASDAQ: RDFN) has found one-third (33.5%) of baby boomers who own their home declaring that they’ll never sell their property, while another 30% say they will eventually sell their home but not within the next decade. Older homeowners...
The typical homebuyer’s down payment in April was $62,468, according to a new data report from Redfin (NASDAQ: RDFN). This is a roughly 1% year-over-year drop and the first annual decline since the summer of 2023. In percentage terms, the typical homebuyer puts down...
Just over 28% of homes are now selling above the asking price, according to a data report from Redfin (NASDAQ: RDFN). This is down from 32% one year earlier and the lowest level for this time of year since 2020 when the pandemic paralyzed the housing market. The share...
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
