Housing Market

With nearly half of homeowners and renters struggling to afford housing, we’re taking a look at the family-related changes and sacrifices they’re making. Some are moving in with romantic partners, while others are continuing to live with their exes.  More than two in five (44.4%) U.S. homeowners and renters struggle to afford their regular rent […]

U.S. home prices rose 0.2% from a month earlier in August on a seasonally adjusted basis. On a year-over-year basis, home prices rose 3.1%, the slowest rate recorded in Redfin Home Price Index (RHPI) data going back to 2012. 26 of the 50 most populous U.S. metros saw month-over-month price declines. U.S. home prices rose […]

There were an estimated 506,000 more home sellers than buyers in August, meaning buyers held the negotiating power. But the tables could turn if falling mortgage rates bring more buyers off the sidelines. The number of buyers in the market fell to an estimated 1.4 million last month—the lowest level in records dating back to […]

Active listings fell 1.4% in August—the biggest decline since 2023—as homebuying anxiety spilled over to sellers.  Mortgage rates dropped to the lowest level in about a year, which has led to an increase in refinancing activity but hasn’t yet translated into a jump in sales. Redfin expects existing-home sales to end 2025 roughly in line […]

Pending home sales are up just 0.8% from a year ago, with many house hunters hoping rates will drop substantially more. But if that were to happen, sellers would regain the upper hand and home prices would likely rise more.  The median U.S. home-sale price rose 2.2% year over year during the four weeks ending […]

The median home-sale price in Santa Barbara, the most expensive college town in the U.S., is almost $2 million.  When it comes to housing, the most expensive college town in the U.S. is Santa Barbara, CA, home to a University of California campus with about 26,000 students. Santa Barbara’s median home-sale price is nearly $2 […]