Sellers are trapped in low-rate loans. Buyers can’t climb high enough to reach inflated prices. And the market, once again, is frozen by design.| Blaze Media
Slowing price growth is good news for homebuyers. So are shrinking housing payments, with the median U.S. mortgage payment falling to its lowest level in five months.| Redfin Real Estate News
The daily average mortgage rate dipped to 6.67% to start July, down from roughly 7.1% five weeks earlier. On-the-fence house hunters should consider jumping in while they have more purchasing power.| Redfin Real Estate News
An additional 30% of baby boomers who own their home say they’ll hold onto it for at least a decade.| Redfin Real Estate News
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
S&P 500 5911.69 | 10-Year UST Yield 4.41% | June 1, 2025| www.brinkeradvisor.com
More than $330 billion worth of listings have been sitting on the market for 60 days or longer. Rising inventory and slow homebuying demand is pushing up the total dollar amount of home listings, and will push down home-sale prices by the end of the year.| Redfin Real Estate News