Last year was the second-least affordable year to buy a home since at least 2012, according to a report by Redfin, the online real estate brokerage. Buying a ...
To afford a typical home without exceeding 30% of their income, homebuyers now need an annual income of $116,782, a record high.
Economic and monetary policy uncertainty and inflationary concerns will likely keep mortgage rates elevated for the near future.” ...
The days of snagging a budget-friendly home in Cleveland, Milwaukee or other affordable housing hubs around the nation might be gone for good.
New data from Redfin shows home prices rising in every major metropolitan area for the first time since 2022. In December, home prices posted their biggest gain in nearly a year. Read on to find out ...
Homebuyers are still facing intense affordability challenges. Borrowing costs are hovering close to the highest level in months and purchase prices are continuing to rise. House hunters are pulling ...
As the median U.S. monthly housing payment reached a seven-month high in January, would-be homebuyers are being kept on the sidelines with pending home sales experiencing their biggest decline in more ...
We came across a bullish thesis on Redfin Corporation (RDFN) on Substack by The Value Bandit. In this article, we will summarize the bulls’ thesis on RDFN.
Tampa and Jacksonville are among the metro areas in Florida that saw the biggest year-over-year affordability gains, Redfin found.
The average rate on a 30-year mortgage in the U.S. eased this week to just below 7%, its first decline after climbing five ...
The Trump administration announced plans to make housing more affordable, citing regulatory requirements as a main driver for why so Americans are unable to purchase homes.