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Americans are purchasing one-third as many vacation homes as they were during the pandemic buying boom. Here's why: • High prices and mortgage rates • Second homes aren’t a necessity • The rental market has cooled • Return to office mandates redfin.com/news/second-ho…

U.S. pending home sales are down 4% year over year as high housing costs and economic uncertainty stunt the housing market. #realestate Pending sales fell most YoY in: 1. Miami, -23% 2. Fort Lauderdale, -20% 3. Anaheim, -14% 4. San Jose, -13% 5. West Palm Beach, -13%

Renters are getting a little relief as U.S. rent prices fell the most in over a year. In areas like Austin, Minneapolis, and Portland, prices are down even further 👀 #housing redfin.com/news/rental-tr…

Mortgage rates will remain elevated near 7% for the foreseeable future barring another surprise on tariffs. #mortgagerates redfin.com/news/inflation…

The typical home bought in the U.S. hit a record age of 36 years in 2024—up from 27 years in 2012. America’s housing stock is getting older by the year, and it’s not because buyers prefer vintage homes—it’s because we haven’t built enough new ones. redfin.com/news/aging-hou…

The spring homebuying season has yet to materialize, with widespread financial uncertainty and high mortgage rates keeping homebuyers at bay. Redfin agents’ advice to buyers: Negotiate, negotiate, negotiate. #housing redfin.com/news/housing-m…

If you want a newer home, there hasn’t been a better time in recent memory to pay a lower premium for it 👀 Builders in many parts of the U.S. continue to offer incentives like mortgage rate buydowns to make new construction homes more enticing: bit.ly/3SatfAS

Redfin agents say there’s more housing supply than usual at this time of year because many listings are sitting on the market 🏘️ #realestate New listings are up most YoY in: 1. Washington, D.C., 17% 2. Baltimore, 13% 3. Las Vegas, 13% 4. Dallas, 13% 5. Houston, 12%

The priciest home sale last month was $133M in Naples, Florida. Most of April’s most expensive home sales were in beachfront Florida, with a pair of Beverly Hills estates and two luxury Manhattan condos rounding out the top 10. #realestate redfin.com/news/most-expe…

Housing supply just hit a five-year high as elevated homebuying costs and economic jitters slow the market. The silver lining is it’s a good time for buyers to negotiate—sales are slowing, prices are cooling, and listings are sitting longer. #realestate redfin.com/news/existing-…

Home price growth is slowing as listings pile up, giving buyers more room to negotiate. "I haven’t written a full-priced offer that didn’t request a concession in a long time," said Meme Loggins, a Redfin agent in Portland 👉 bit.ly/3H1R7nU #realestate

Listings are piling up as would-be buyers remain sidelined by record-high housing costs and economic instability. As supply rises, buyers are more likely to get a home below list price or get concessions from the seller 👀 #housing redfin.com/news/housing-m…

New listings hit their highest level in nearly 3 years 🏘️ Some are selling because they believe home prices will start declining, and some see the surge in inventory and want to get their home on the market before there’s more competition 👉 bit.ly/3Fn6jLM #housing

Affluent homebuyers are pulling back due to stock market volatility, high mortgage rates, and economic uncertainty. For buyers, softening demand and rising inventory may offer more negotiating power, though the most desirable homes are still selling fast. redfin.com/news/luxury-ho…

More homes for sale, combined with few buyers in the market, is expected to push prices down in two ways: lower list prices and more homebuyers successfully negotiating prices down 👉 bit.ly/43dCre0 #housingmarket

The U.S. housing market has a record 490,000 more sellers than buyers, which means home prices will likely fall by year-end. Sellers, you may want to move quickly. Buyers, know that you may gain purchasing power 🏠💸 #housingmarket redfin.com/news/sellers-v…

Would-be homebuyers are sidelined by high costs and economic instability. But the tide is turning: Home prices are expected to fall soon, and sellers are willing to negotiate. #housingmarket redfin.com/news/housing-m…

Roughly 14% of home sales fell through last month amid economic uncertainty and high housing costs. Rising cancellations signal more leverage for buyers. If you recently lost a bidding war, ask your agent if the seller is taking backup offers 👀 redfin.com/news/home-purc…

The total value of U.S. homes listed for sale is nearly $700 billion, an all-time high and up 20% from last year. Stale inventory, homes that have been on the market for more than 2 months, makes up nearly half that dollar amount. #housing redfin.com/news/record-do…