Economic Jitters, High Costs Stifle Spring Home Sales
New listings are still rising, allowing some buyers to get deals.| Redfin Real Estate News
New listings are still rising, allowing some buyers to get deals.| Redfin Real Estate News
The $469,729 median asking price is 9% higher than the $431,057 median sale price—the largest gap since 2020.| Redfin Real Estate News
The median monthly mortgage payment is just $25 shy of its record high, sidelining would-be buyers. But the tide is turning for buyers: Redfin economists expect home prices to decline by the end of the year, and a surplus of listings is motivating sellers to negotiate.| Redfin Real Estate News
Mortgage rates are forecasted to stay elevated near 7%.| Redfin Real Estate News
