redfin

“Home sellers have cut prices at a record rate,” per Redfin… Who is going to buy all of these?

“Gotcha headline with no supporting data” 🙄 Here’s Redfin’s “record rate” – a total of an entire 10 year study. Super. No doubt prices are coming off, but cmon man …. This is just lazy. pic.twitter.com/1oZkLd8EhG — Matt Carrell (@MatthewCarrell) April 28, 2026 Worst March numbers in 10 years. pic.twitter.com/AP94gn2OK8 — Travis Rothell (@TRothell62855) April …

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It’s a bloodbath. Redfin reports record spike in cancellations. (20% falling through)… Mortgage refinance demand falls off a cliff.

Mortgage rates moved even higher again last week, as the war with Iran continues to stoke fears of inflation. As a result, total mortgage application volume fell again, down 10.4% from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan …

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Car dealerships drop prices; CEO of Redfin explains that the housing market in 2025 favors buyers more than any time in the past decade

The Wall Street Journal just reported that U.S. Landlords are becoming concerned over a slowdown in the rental market. Rental inventory is rising, and rent growth is now slowing, falling to its lowest level in 13 years, and the 6th lowest in the last 40 years according to John Burns Real Estate Consulting.

“We need home prices to come down” – CEO Redfin

LMFAO pic.twitter.com/ZelKlQRqgw — Darth Powell (@VladTheInflator) August 18, 2025 "We need home prices to come down" – CEO Redfin pic.twitter.com/JZn5bHec0u — Darth Powell (@VladTheInflator) August 19, 2025 Historically, new homes almost always commanded a premium because they offered fresh construction, modern layouts, and builder incentives were minor relative to demand. Existing homes carried the discount …

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Real estate website traffic crashed during peak season—Zillow down 16%, Redfin 15%, Realtor 13%. Homebuilder sentiment just plunged to a 13-year low for May.

Traffic to popular real estate websites was down significantly March to April: Zillow – down 16%Realtor – down 13%Redfin – down 15% This probably wouldn't seem odd if it were November or December, but we are talking peak buying season in April. (data according to semrush) — Matt Stevens (@realmatt_re) May 17, 2025 1) To …

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The CEO of Redfin: “I think it’s going to be a pretty soft summer for home prices.”

https://x.com/ReefInsights/status/1813926775497351608 https://x.com/DonMiami3/status/1813927966432460975 Foreign buyers are fleeing the U.S. housing market, with sales at a record low International buyers are scaling back partly due to a strong U.S. dollar, the National Association of Realtors says A previous version of this story misstated the time period during which sales to foreign home buyers were tracked. Foreign buyers …

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High Rates Deepen Divide Between Homeowners and Renters, Redfin Reports $100 Monthly Savings Amidst Rate Drop

Recent data from Redfin reveals a notable shift in the real estate landscape, indicating a decline of over $100 in the median monthly mortgage payment within the last month. This coincides with a drop in mortgage rates from 8% to 7.3%. Despite the potential benefit for homebuyers, Redfin emphasizes that high mortgage rates are contributing …

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