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3 mins read

The housing market is seeing its biggest logjam since before the pandemic

More than 19% of homes on the market saw a price cut in August, the highest share in 5 years, Redfi…

Jennifer Sor   


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2 mins read

Why housing affordability could be a key issue for swing state voters in November, according to Redfin

Swing state asking rents have shot up almost 24% since 2020, leading many renters to feel rent rema…

Kelly Cloonan   


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2 mins read

Housing supply is piling up in Florida and Texas as HOA and insurance fees jump, Redfin says

Condo inventory has risen as much as 81% in parts of Florida and Texas, Redfin found. High HOA fees…

Jennifer Sor   


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4 mins read

California's economic growth is slipping behind Texas as the Lone Star state draws corporate HQs and people

Texas' economy is growing faster than California's as major companies and residents leave the coast…

Erin Snodgrass   


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1 min read

Housing supply is surging as a record number of buyers get cold feet amid sky-high prices, Redfin says

Housing supply in the US rose a record 14% in July as homebuyers canceled agreements due to high co…

Kelly Cloonan   


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3 mins read

When a millennial moved to Detroit from SF, he bought a home and opened a coffee shop. He said that would have been impossible on the West Coast.

David Valdez, 35, moved to Detroit from San Francisco in 2018. The millennial said it's been easier…

John Towfighi   


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2 mins read

A US construction boom is sending rents lower — but there's a narrow window to score a deal, Redfin says

Asking rent on apartments fell for all bedroom counts as a spike in construction has helped bring m…

Filip De Mott   


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1 min read

Florida's housing market is seeing 'nightmare scenarios' as buyers back out due to affordability concerns, Redfin says

Homebuyer cancellations are cropping up in Florida after a meteoric rise in home prices.

Jennifer Sor   


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5 mins read

A millennial woman shares how she made nearly $250k secretly working 2 jobs and why she still can't afford a home in California

Secretly working two jobs paid off a millennial's student debt, but she said her $250,000 income st…

Jacob Zinkula   


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4 mins read

Your landlord might be using an algorithm to raise rents. If Kamala Harris has her way, that could be banned.

Kamala Harris wants to crack down on landlords who use rent-setting algorithms to allegedly collude…

Eliza Relman   


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3 mins read

Don't get your hopes up about the housing market

The Federal Reserve appears poised to cut interest rates in September. But the move might not help …

Eliza Relman   


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1 min read

This US region is seeing the biggest rent declines as owners struggle to fill vacancies, Redfin says

Sun Belt states are seeing rent declines of as much as 7% thanks to a surplus of apartments.

Filip De Mott   


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4 mins read

Americans are so desperate for cheaper houses that they're willing to live in flood and wildfire zones

Cheaper housing and a lower cost of living has lured many Americans into regions of the country mos…

Eliza Relman   


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2 mins read

Home prices will go down this summer as sellers can't postpone listing any longer, Redfin CEO says

Homes in key metros, like Florida and Texas, are already seeing "major price cuts," Redfin's CEO sa…

Jennifer Sor   


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1 min read

The housing market is at 'rock bottom,' says Redfin's CEO, as high rates and prices take their toll

Sales volumes "couldn't be worse," Glenn Kelman told MarketWatch, meaning the only people moving "a…

Joseph Wilkins   


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2 mins read

Home prices aren't falling in the biggest metro areas for the first time in 2 years, Redfin says

Home prices saw the largest jump in Anaheim, California, with prices rising 20% year-per-year, acco…

Jennifer Sor   


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1 min read

Mortgage payments are 19% more expensive than last year as home prices continue surging, Redfin says

The monthly mortgage payment for a typical US home was $2,605 during the month of July, Redfin data…

Jennifer Sor   


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1 min read

You need to make at least $64,500 a year to afford your first home, says Redfin

Higher mortgage rates and rising prices are to blame, with cities including New York, Chicago and A…

Zahra Tayeb   


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2 mins read

Small apartments are in, and it's causing rents in new buildings to drop

However, the pace of new construction of single-family and multi-family homes has started to slow t…

Eliza Relman   


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1 min read

Most homeowners and renters say housing prices will factor into their vote for president, Redfin survey shows

Nearly two-thirds of homeowners and renters say high housing prices make them feel bad about the br…

Yuheng Zhan