Fewer investors are putting their money into residential real estate, according to new data from Redfin (NASDAQ:RDFN). During the second quarter, Redfin determined that investor home purchases were down 45% from one year ago – in comparison, overall home sales were...
Newly built homes accounted for roughly one-third (31.4%) of single-family homes on the market in the second quarter, according to a study from Redfin (NASDAQ:RDFN). This is highest share for any second quarter since Redfin began tracking data. The portion of new...
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...
Isaias Rips Roof From Milton Apartment Building, Raising Questions for Disp…
