Pending home sales are up just 0.8% from a year ago, with many house hunters hoping rates will drop more. But if that happens, sellers would regain the upper hand and home prices would likely rise more.| Redfin Real Estate News
Mortgage rates will remain mostly steady after the Fed executed the already priced-in 25 bps cut and painted a muddy picture in their projection for future rate cuts.| Redfin Real Estate News
Some sellers are reacting by, well, not selling; active listings posted the largest monthly drop since 2023.| Redfin Real Estate News
Condo prices are up 5% year over year in inland Florida, but down a respective 5% and 3% on Florida’s Gulf Coast and Atlantic Coast.| Redfin Real Estate News
Mortgage Rates to Fall a Little After Weak Jobs Report, But All Eyes on Election | Redfin Real Estate News
Redfin Premier delivers the ultimate luxury real estate service. Our agents have the high-end experience to help buyers and sellers succeed in today’s market. Luxury lives on Redfin.com.| www.redfin.com
See the mortgage rate a typical consumer might see in the most recent Primary Mortgage Market Survey, updated weekly. The PMMS is focused on conventional, conforming fully-amortizing home purchase loans for borrowers who put 20% down and have excellent credit.| www.freddiemac.com