U.S. Home List Prices Dip as Market Cools
Redfin reports first year-over-year decline in median asking price since March.
Michael Carter
Michael Carter covers U.S. mortgage trends and macro housing developments. He focuses on how interest rate movements, affordability shifts and broader economic conditions impact buyers, sellers and investors across the country. His reporting emphasizes data interpretation and practical market implications.
Housing Market Update: Asking Prices Dip Amid Record-Low Demand
Median U.S. home asking price falls for the first time since March as mortgage rates remain high.
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Redfin data reveals a significant shift in the U.S. housing market, with buyers holding more negotiating power than they have in over a decade.
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U.S. Mortgage Rates Hit 7% Mark, Limiting Homebuyer Purchasing Power
For the first time since January 2025, the average 30-year mortgage rate has surpassed 7%, marking the fifth consecutive week of increases.
Las Vegas and Florida Lead as Top Relocation Destinations for House Hunters
Sun Belt cities attract migrants seeking affordability as coastal cities see outflows.
Seller Concessions Reach New Highs in Buyer-Friendly Markets
Redfin data reveals a shift in negotiating power as nearly half of U.S. homebuyers secure concessions from sellers.
Mortgage Rates Climb to Highest Point Since Early 2025
30-year fixed rates reach 6.95%, marking the highest level in over 19 months and raising concerns about home affordability.
U.S. Pending Home Sales Hit 3-Year Low, Shifting Market Dynamics
Redfin reports a 3.5% weekly decline in pending home sales, offering buyers more negotiating power and choices.
Gen Z and Millennials Moving Patterns Reveal Generational Priorities
Gen Zers are chasing job opportunities while millennials seek affordable housing and space.
Inflation Report Suggests Fed Rate Hike Likely, but Uncertainty Remains
Recent inflation data has markets bracing for a Federal Reserve rate hike, but the path ahead remains uncertain.
August 2026 Brings Record-Strength Buyer's Market in U.S.
Redfin reports a 58% gap between sellers and buyers, with the Sun Belt driving the shift.
Homebuying Costs Hit 14-Month High, Sidelining Buyers
Rising mortgage payments and home prices are keeping potential buyers on the sidelines, while sellers adjust to longer market times.
Housing Supply Reaches 6-Year High: What It Means for Buyers
U.S. new listings hit a four-year peak in August, driven by cities like San Jose, Nashville, and Seattle, giving buyers more bargaining power.
ARMs Beat Fixed-Rate Mortgages About 70% of the Time, Historical Data Shows
A Redfin analysis of five decades of mortgage data finds that adjustable-rate mortgages have given most borrowers a window to refinance into a lower fixed rate before their introductory period even ends.
30-Year Mortgage Rate Hits 13-Month High, Squeezing Homebuyer Budgets
The benchmark 30-year fixed mortgage rate climbed to 6.71% this week, its highest point since July 2025, as rising borrowing costs continue to weigh on home sales and buyer purchasing power.
New Home Listings Hit 4-Year High as Buyer Power Grows
Fresh inventory is flooding the U.S. housing market at its fastest pace in four years, but sluggish demand and elevated mortgage rates are keeping many buyers on the sidelines.
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Homes Near Top-Rated Schools Cost 35% More Than the Typical U.S. Home—But the Gap Shrinks in These Markets
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Mortgage Rates Could Swing as Markets Brace for September Fed Meeting
Fed Chair Warsh's hawkish Jackson Hole speech has put a rate hike back on the table, shifting expectations ahead of the September 16th FOMC decision and leaving mortgage borrowers in a two-week holding pattern.