The average American teacher can only afford 12% of the homes for sale within commuting distance of their school, according to a new data study from Redfin (NASDAQ:RDFN). The new data is down from 17% in the summer of 2022 and down 30% from pre-pandemic 2019. And the...
Nearly one in 10 U.S. homes are worth $1 million or more, according to new data from Redfin (NASDAQ:RDFN). “The supply shortage is making many listings feel hot,” said Redfin Economics Research Lead Chen Zhao. “In most of the country, expensive properties that are in...
Three new data reports have reaffirmed the new normal in housing: sales activity remains in decline while home prices continue to rise. The National Association of Realtors (NAR) determined that home price gains occurred in nearly 60% of major metro markets (128 out...
The typical U.S. homebuyer’s monthly mortgage payment was $2,605 during the four weeks ending July 30, according to new data from Redfin (NASDAQ:RDFN). This represents a 19% year-over-year spike, but it is also $32 less than the record-high payment level from early...
Zillow Group (NASDAQ:Z, ZG) is teaming with Redfin (NASDAQ:RDFN) in a strategic partnership designed to expand the reach of home builder listings on Zillow and while allowing Redfin customers to explore a broader range of new-construction homes for sale. Builders...
Massachusetts High Court Upholds Transit-Zoning Mandate for 177 Communities
