Housing Supply and Demand Both Hit Levels Not Seen Since 2020
The typical home that sold in January sat for 56 days—the longest of any January since 2020—as mortgage rates hit an 8-month high.| Redfin Real Estate News
The typical home that sold in January sat for 56 days—the longest of any January since 2020—as mortgage rates hit an 8-month high.| Redfin Real Estate News
The five U.S. metro areas where pending sales are falling most are all in Florida, though the declines are easing in some metros.| Redfin Real Estate News
Redfin’s economists expect there will be more home sales in 2025, largely due to pent-up demand. But some would-be homebuyers will still be priced out, with home prices climbing and mortgage rates remaining near 7%. Rental prices, on the other hand, should stay flat while wages increase, improving affordability for renters.| Redfin Real Estate News
Mortgage Rates to Fall a Little After Weak Jobs Report, But All Eyes on Election | Redfin Real Estate News
The Federal Reserve Board of Governors in Washington DC.| www.federalreserve.gov
