In 2021, the typical American homeowner stayed in his or her home for 13.2 years, in part due to the ongoing inventory shortage, according to data released Wednesday by Redfin
70% of home offers handled by Redfin agents faced bidding wars, up from 67.1% in December 2021 and 60% in January 2021, the highest rate since Redfin began tracking the data in April 2020
If mortgage rates rise to 3.9% by the end of 2022, homes valued above $383,000 would fall out of reach for the typical American couple on a $2K monthly mortgage budget, according to Redfin
Nearly 1 in 4 people planning to buy a home in the next 12 months set aside stimulus money for the transaction, a Redfin survey shows
Intense competition appears to have driven down average buyers' agent commissions last fall to their lowest point since at least 2017
The total value of homes in Austin grew nearly 40% in 2021, while home values across the United States grew by about 19%. Cape Coral trailed Austin with a 36.9% surge in home values
Sales of homes on the lowest end of the price spectrum increased 11.3 percent year over year in the fourth quarter, according to Redfin
Generation X is smaller than the cohorts that came both before and after. But the group is also in its prime earning and homebuying years now, meaning it's a force to be reckoned with
Generation Z includes people now in their 20s and teens. They're young, but beginning to buy houses and poised to become a major force in the near future.
Millennial real estate preferences are shaped by a desire for convenience and amenities, coupled with the lingering effects of the Great Recession. This is the first installment in Inman's 5-part series on the ways people from different generations approach the homebuying experience
Rents in December rose 14% year over year in the United States — their biggest increase in 2 years since the first cases of coronavirus were recorded, according to new data from Redfin
The housing market will cool slightly in 2022, but will scorch as a multitude of buyers chase too few homes, according to economic experts who spoke with Inman
A new report released Wednesday by Redfin painted a bleak picture for homebuyers already fatigued by a tough market
Redfin chief economist Daryl Fairweather says homebuyers are finding themselves 'priced out of homeownership'
A new report from Redfin describes 2021 as 'remarkable' and identifies numerous records that fell over the last 12 months