Redfin publishes estimates on the number of homebuyers and sellers active in the U.S. housing market via reports on our news site and a dashboard on our data center. This post details the methodology behind our analysis. The estimated number of sellers in the market is simply the number of active listings in the MLS. […] The post Methodology: Estimating the Number of Buyers and Sellers in the Housing Market appeared first on Redfin Real Estate News.| Redfin Real Estate News
The upcoming week looks to be very quiet on market-moving economic events as economists eagerly await the next jobs report on September 5.| Redfin Real Estate News
Mortgage rates will remain steady after the Fed left rates unchanged at its June meeting, as expected. The Fed maintained a forecast of two rate cuts in the second half of 2025, but a growing number of Fed officials also predicted no rate cuts this year, reflecting the growing uncertainty about the path of the economy.| Redfin Real Estate News
Redfin’s Economics Lead Chen Zhao outlines what buyers, sellers and renters should be considering during periods of economic turmoil.| Redfin Real Estate News
The Court of International Trade has ruled that the White House cannot use the International Emergency Economic Powers Act to broadly implement tariffs. Mortgage rates are unlikely to move much in the near future because the administration has other options to implement tariffs. If most, or all, of the tariffs were called off, however, mortgage rates would likely fall.| Redfin Real Estate News
The April jobs report is a step in the right direction for homebuyers. It should cause mortgage rates to decline slightly and puts 2024 rate cuts more solidly on the table–but the next inflation report will be more significant for the direction of rates.| Redfin Real Estate News
In their May 1 meeting, the Fed held interest rates steady and didn’t take the possibility of rate cuts later this year off the table. For homebuyers, the meeting shouldn’t move the needle on mortgage rates; the more important piece of economic news will be the next inflation report.| Redfin Real Estate News