Home prices, while at a record high for this time of year, are growing at the slowest clip since 2023 because sellers outnumber buyers.| Redfin Real Estate News
While the median home-sale price is sitting at a record high, it’s notably lower than the median asking price. That’s because sellers are open to negotiating in today’s cooling housing market, in which sellers outnumber buyers.| Redfin Real Estate News
Mortgage rates will remain steady after the Fed left rates unchanged at its June meeting, as expected. The Fed maintained a forecast of two rate cuts in the second half of 2025, but a growing number of Fed officials also predicted no rate cuts this year, reflecting the growing uncertainty about the path of the economy.| Redfin Real Estate News
Estimate your mortgage payment, including the principal and interest, taxes, insurance, HOA, and PMI. Add your location for more accurate estimates.| www.redfin.com
At no other point on record have sellers outnumbered buyers this much. Home prices will likely fall as a result.| Redfin Real Estate News
71% of Seattle sellers are giving concessions–the highest rate among the metros Redfin analyzed and nearly double the share from a year ago.| Redfin Real Estate News
2024 Local Election Results Show Voters are Willing to Spend Big on Affordable Housing | Redfin Real Estate News
Find average mortgage rates for the 30 year fixed rate mortgage from Mortgage News Daily.| Mortgage News Daily