SEATTLE--(BUSINESS WIRE)--Declining mortgage rates are one factor pushing the median U.S. monthly mortgage payment down to $2,604, more than $200 below May's all-time high. That's according to a new r
SEATTLE--(BUSINESS WIRE)--The median U.S. asking rent rose 2.6% ($45) year over year to $1,790 in August—the largest increase since December 2022. That's according to a new report from Redfin, the r
SEATTLE--(BUSINESS WIRE)--U.S. real estate investors purchased roughly 52,000 homes in the second quarter, the lowest level for that time of year since 2020, according to a new report from Redfin, the
SEATTLE--(BUSINESS WIRE)--The number of homeowner households in America fell 0.1% year over year to an estimated 86.2 million in the second quarter, according to a new report from Redfin, the real est
SEATTLE--(BUSINESS WIRE)-- #housingmarket--The number of homes sold in seasonal towns, those where vacation demand drives the housing market, fell 3% year over year in July, according to a new report
SEATTLE--(BUSINESS WIRE)--Housing costs could return to “normal” by 2030 if home-price growth stabilizes and mortgage rates fall to 5.5%, according to a new report from Redfin, the real estate bro
SEATTLE--(BUSINESS WIRE)--Falling mortgage rates have pushed the median U.S. monthly mortgage payment down to $2,616, its lowest level since the start of the year, according to a new report from Redfi
SEATTLE--(BUSINESS WIRE)--The U.S. housing market has lost about 14,000 home sellers over the past two months, with the total number of sellers falling to 1.95 million in July from a peak of 1.96 mill
SEATTLE--(BUSINESS WIRE)--The gap between 10-year treasury yields and mortgage rates (known as the mortgage spread) has dropped to its lowest level in over three years, allowing mortgage rates to fall
SEATTLE--(BUSINESS WIRE)--Seven in 10 Gen Z and millennial renters struggle to afford their regular housing payments, as do 41% of homeowners in that age group, according to a new report from Redfin,
Glenn Kelman, Redfin CEO, joins CNBC's 'Money Movers' to discuss outlooks on the housing market, what he's seeing in inventory and buyer activity, and much more.
SEATTLE--(BUSINESS WIRE)--More than two in five (44%) American workers are delaying or canceling a major purchase like a home or car due to their feelings about job security. An additional 30% have ei
SEATTLE--(BUSINESS WIRE)--Roughly 58,000 U.S. home-purchase agreements were canceled in July, equal to 15.3% of homes that went under contract last month, according to a new report from Redfin, the re
SEATTLE--(BUSINESS WIRE)--The typical homebuyer's monthly mortgage payment is $2,614, the lowest level since January and down $224 from May's all-time high, according to a new report from Redfin, the
SEATTLE--(BUSINESS WIRE)--U.S. home prices nudged 0.1% lower in July on a seasonally adjusted basis—the third consecutive month that prices posted a monthly decline. That's according to a new report
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