2023 was a historic year for the housing market. Learn all about it in Redfin’s 2023 housing market year in review.
The first eight months of the year marked the lowest turnover rate in at least 30 years, according to Redfin, which conducted an analysis of housing turnover by comparing the first eight months of 2024 across different metro areas, home and neighborhood types. It is using turnover as a way...
The move, announced by Mayor Jaume Collboni, aims to alleviate the long-standing housing crisis, lower prices for residents, improve livability, and increase the city’s affordable housing stock. Over the past 10 years, the rise in short-term rentals has driven rents up by 68%, and the ...
Home builders, among the most impressive contributors to gross domestic product (GDP) in recent years, are scaling back their plans. And millions of consumers face indirect effects: With interest rates rising even as home prices stall, fewer people can borrow on home equity as a source of ...
The Fed cut interest rates but mortgage costs jumped. Here's why Mon, Dec 23rd 2024 watch now watch now VIDEO01:27 The Exchange Mortgage rates rise after Fed rate cut Thu, Dec 19th 2024 Trade Alerts We're buying the recent dips on 2 stocks in the most oversold market in over a year...
aWhile the housing market has perked up in the past two years, for example, new construction and existing home sales are still below prerecession levels. Credit has begun easing, but mortgages are still hard to get. And ultra-low mortgage rates have begun moving higher this year. 当房产...
However, with the absolute value of house prices increasing, the proportion of bullish residents on house prices has decreased over the years. After the current round of real estate adjustment, the latest 2022 third-quarter research shows that the proportion of residents who are bullish on home ...
aWhile the housing market has perked up in the past two years, for example, new construction and existing home sales are still below prerecession levels. Credit has begun easing, but mortgages are still hard to get. And ultra-low mortgage rates have begun moving higher this year. 当房产市场...
In the past three years, rates have risen from the high 2% to the mid-7% range, according to Freddie Mac data for 30-year fixed-rate mortgages. That's resulted in the typical mortgage payment more than doubling over the same period. ...
s ever been before. And yes, selling a home in 2025 will come with obstacles—like higher-than-normal interest rates and high home values pricing out a lot of would-be buyers. But just because buying or selling may be more difficult now than it was a couple of years back, it’s not...