Nearly 40,000 home sale agreements in January, or 13.7% of homes that went under contract, were canceled. According to data from Redfin, that share is up from 13.1% one year before and marked the highest January share in records dating back to 2017. Redfin attributed...
A new data report from Redfin determined the current housing market had an estimated 44% more home sellers than buyers. This is up from 30% more than one year earlier and represents the second largest gap in records dating back to 2013 – the largest gap was 45% last...
Florida properties accounted for six of the 10 most expensive home sales during January, according to new data from Redfin. All of the 10 most expensive residences sold last month carried price tags of more than $29 million, while the two priciest properties cost more...
Less than three in 10 homebuyers (29%) bought a home in an all-cash transaction in December, according to a data report from Redfin. This is down from 30.3% a year earlier and the lowest December share since 2020. The peak for all-cash homebuying was nearly 35% in...
A baseball team gets evicted from its stadium, a five-year-old lawsuit is settled, and a pizza chain loses 250 stores. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Feb. 2-6. Miss: A Truly Foul Ball. At a time when many...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
