The median U.S. monthly housing payment set a record high at $2,894 during the four weeks ending May 5, up 14% from one year earlier, according to new data from Redfin (NASDAQ:RDFN). During this period, Redfin reported the median sale price reached $384,721, up 4.5%...
Lower-income Americans accounted for roughly one in five (20.6%) new mortgages issued in 2023, a level not seen since 2018, according to new data from Redfin (NASDAQ:RDFN). The newly reported level represents a step down from the progress that lower-income Americans...
The Seattle-headquartered Redfin (NASDAQ:RDFN) has become the latest brokerage to announce a settlement of lawsuits related to claims of inflated broker commissions – in this case, a $9.25 million agreement. The company agreed to the settlement on Friday and disclosed...
More nonwhite homebuyers and fewer White buyers have been taking out mortgages over the past five years, according to a data analysis by Redfin (NASDAQ:RDFN). Slightly less than two-thirds (62.2%) of new mortgages issued in 2023 went to White homebuyers, down from 64%...
Two new data reports have reaffirmed the continued acceleration of home prices. The national required household income to purchase the median priced home rose to $116,000 in April, after accounting for the cost of tax and insurance, according to new data from...
Zillow Cuts Its Late-2026 Home Sales Outlook as Rents Accelerate
