Active listings during November were up 0.5% from October and up 12.1% year-over-year, reaching the highest level since 2020. However, a new data report from Redfin (NASDAQ: RDFN) pointed to a “pileup of unsold homes” as being a primary cause for this new peak. More...
The median nationwide asking rent fell 0.7% year-over-year to $1,595 last month, according to data from Redfin (NASDAQ: RDFN). On a month-over-month measurement, rents were down by 1.1%. The median rent is now 6.2% lower than when it hit an all-time high of $1,700 in...
A new survey from Redfin (NASDAQ: RDFN) has determined that just over one in five (22%) renters are funneling all of their regular income directly into paying their rent. As a result of this hefty paycheck absorption, 20% of renters are working a second job to cover...
Why do people want to move? A new survey from Redfin (NASDAQ: RDFN) determined people are in search of bigger and better surroundings – as well as finding a cheaper place to live. In a survey of 1,802 adults, respondents cited a desire for more space (31.2%) as the...
Nearly three-quarters (74%) of US residents who earn less than $50,000 per year report struggling to cover their mortgage or rent payments, according to a new survey from Redfin (NASDAQ: RDFN). From the 1,802 people polled for the survey, nearly one-quarter (24%) said...