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
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
1 in 7 deals fell through last month. The share was higher in much of Florida—home to 5 of the 10 metros with the highest cancellation rates.| Redfin Real Estate News
Mortgage rates are forecasted to stay elevated near 7%.| Redfin Real Estate News
The number of homes on the market in the Sunshine State rose 23% year over year to a record high in January.| Redfin Real Estate News