Market Data

Redfin reported  this year marked the first time since 2010 that low-risk homes across three major climate categories – heat, fire and flood – gained value faster than high-risk homes.

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The number of homebuyers and sellers contacting Redfin agents has jumped in recent weeks, with Redfin’s Homebuyer Demand Index posting its biggest year-over-year increase since early 2022.

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Unpredictable mortgage rates will play a big role in shaping next year’s housing market with buyers markets spreading to the Southwest unless rates fall dramatically, according to Zillow.

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A 2024 Migration Trends report from the National Association of Realtors reveals key motivators for movers, with many clients relocating to be closer to family and friends.

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New data from Zillow shows September’s brief mortgage rate reprieve causing a significant boost in affordability for homebuyers.

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Redfin reports existing home sales rose 1.6 percent month-over-month in October to a seasonally adjusted annual rate of nearly 4.2 million and are on track to finish this year higher than last year.

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Median home values went up during the third quarter in the majority of Opportunity Zones across the country, according to property data curator ATTOM.

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Implementation of new rules related to the National Association of Realtors’ Sitzer-Burnett settlement aren’t affecting agent commissions so far, according to a Redfin report.

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While home sales remained mostly resilient to election jitters and rising rates, Redfin agents reported some house hunters were waiting to find out more about the direction of the country and economy before making a decision.

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New third quarter data from ATTOM showed just under half of mortgaged residential properties were equity-rich, a slight dip from the second quarter.

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