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Redfin @Redfin

Find homes first, book home tours, and sell your home for top dollar—all with the power of our innovative technology and local Redfin agents. redfin.com National Real Estate Brokerage Joined July 2008
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Redfin @Redfin

15 hours ago

Rising home prices and elevated mortgage rates have made buying a new home financially out of reach for many Americans. As a result, homeowners aren’t selling which is contributing to today’s shortage of homes for sale. #realestate

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Redfin @Redfin

3 days ago

The luxury housing market outperformed non-luxury in the first quarter of 2024. #realestate • Prices rose 9% YoY, twice the pace of non-luxury • Sales increased 2% YoY, compared to a 4% decline in non-luxury • Supply rose 13% YoY, compared to a 3% decline in non-luxury

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Redfin @Redfin

5 days ago

The median monthly housing payment hit an all-time high of $2,775, up 11% year over year. That increase comes as mortgage rates tick up and the median U.S. home-sale price jumps 5% from a year earlier to $380,250 👉 bit.ly/3xR5sPe #realestate

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Redfin @Redfin

7 days ago

Daily average mortgage rates surpassed 7.4% this week, the highest level since last November, as the median home-sale price jumped 5% year over year. Even so, there are signals that buyers are touring homes despite rising costs. #housing

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Redfin @Redfin

a week ago

Lack of affordability is the prevailing reason renters believe they’re unlikely to become homeowners. Just 8% of Gen Z renters believe they’ll never own a home, compared to 22% of millennials, 40% of Gen Xers, and 81% of baby boomers. #housing redfin.com/news/renters-b…

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Redfin @Redfin

a week ago

Nearly 18% of San Francisco sellers are losing money on their home sale. That's the highest level in over a decade and more than any other metro 👉 bit.ly/43XRNSs Following San Francisco came Detroit (10.8%), Cleveland (8.2%), St. Louis (8.1%), and Chicago (7.9%).

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Redfin @Redfin

2 weeks ago

Today's takeaways about #mortgagerates👇

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Redfin @Redfin

2 weeks ago

Home prices are staying stubbornly high because there’s enough homebuying demand to prop them up 👉 bit.ly/4auDCa7 #realestate • Our Homebuyer Demand Index is at its highest level since last July • Home tours are up 33% since the start of the year

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Redfin @Redfin

2 weeks ago

Mortgage rates will stay elevated through the peak homebuying season following March's inflation report. This week's economic news is already pushing up mortgage rates, which hit 7.37% yesterday. #mortgagerates redfin.com/news/march-202…

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Redfin @Redfin

2 weeks ago

The median monthly U.S. housing payment hit an all-time high of $2,747, up 11% from a year earlier. Housing payments are soaring as home prices climb and daily average mortgage rates jump to their highest level since November. #housing

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Redfin @Redfin

2 weeks ago

The median U.S. asking rent price rose 1% from a year earlier to $1,987 in March. Rising rents in the Midwest helped drive the national uptick in prices in part because the region hasn’t seen as big of a construction boom as other parts of the country. #rentprices

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Redfin @Redfin

2 weeks ago

Housing affordability continues to be a challenge for many Americans. Half homeowners and renters struggle to afford their housing payments—and many are making big sacrifices to cover their costs 👉 bit.ly/3xtbwNT #housing

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Redfin @Redfin

2 weeks ago

We're proud to announce Redfin has again ranked among the top 10 real estate brokerages nationwide 🎉 Our agents also outperformed competitors both in terms of deals and sales volume per agent 👏 redfin.com/news/redfin-ra…

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Redfin @Redfin

3 weeks ago

Employment growth was strong in March meaning mortgage rates are likely to stay higher for longer. June versus July for the Fed’s first interest-rate cut now feels like a toss up, though it depends on incoming inflation data. #mortgagerates redfin.com/news/march-job…

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Redfin @Redfin

3 weeks ago

The typical housing payment is just $13 shy of the all-time high as mortgage rates hover around 7% and the median home-sale price jumps 4.7% year over year. "Buyers may get a break on housing costs in the coming months," says our economist Chen Zhao 👉 bit.ly/3xnF4wr

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Redfin @Redfin

3 weeks ago

Buyers and sellers took a break over Easter slowing down new listings growth and homebuying activity—most likely temporarily. Housing costs remain stubbornly high, but our economists say costs could come down soon. #housing

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Redfin @Redfin

3 weeks ago

Baby boomers are aging in place largely because they've paid off their homes or they don't want to trade in their lower mortgage rate. This trend is increasing homeowner tenure, exacerbating the shortage of homes for sale, and pushing up prices. #realestate

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Redfin @Redfin

3 weeks ago

We update listings every two minutes, so you'll never miss a new home that's perfect for you...or your roommate. Visit Redfin.com.

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