Redfin Real Estate News

Seller concessions are rising because today’s buyer’s market gives house hunters power to negotiate for closing costs, repairs and other perks. Concessions are especially common in Sun Belt buyer’s markets, including Atlanta and Nashville, where about 7 in 10 homebuyers are getting them.  Seller concessions are least co...

The homebuyers who remain in the market have more choices, less competition and more negotiating power.

Here’s what you need to know about the U.S. housing market for the four weeks ending September 13:

Buyers have more breathing room than they’ve had in years. Pending home sales fell 3.5% from a week earlier to their lowest level in...

Takeaway: The Fed hiked by 25 bps as expected and officially projected another hike this year, but Chairman Warsh’s remarks suggest more may be on the way.
The committee unanimously agreed to a hike today and projected another hike or two through 2027 but that may undershoot the reality as Fed officials seem to think that pressing the brakes on the economy requi...

August’s top 10 list was dominated by the Bay Area. Mega-mansions in Southern California, Florida and Hawaii also made the list. 

A Bay Area estate in Hillsborough was the most expensive U.S. home sale of August, f...

In A Nutshell: After last week’s inflation data, markets are almost certain a Fed rate hike is coming this Wednesday, but the economic case is far from a slam dunk. And the effect of a hike on mortgage rates is uncertain.

Last Week’s Highlights

The main event last week was Friday’s CPI data, which came in high with monthly core inflation at 0.29%...