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...
What a difference a year makes – according to Redfin (NASDAQ:RDFN), a first-time homebuyer must earn roughly $64,500 per year to afford the typical “starter” home, up by $7,200 or 13% from one year earlier. Redfin reported the typical starter home sold for a record...
There is more unpleasant real estate news from San Francisco – according to Redfin (NASDAQ:RDFN), luxury home prices in San Francisco are falling faster than anywhere else in the nation. The median sale price of luxury homes in San Francisco plummeted by 12.7%...
Only 1% of all U.S. homes, or approximately 14 of every 1,000 residences, changed hands during the first half of 2023, according to data from Redfin (NASDAQ:RDFN). That’s down from 19 of every 1,000 during the same period of pre-pandemic 2019 and the lowest turnover...