Would-be homebuyers are pulling back as mortgage rates remain in the mid-7% range SEATTLE, Oct. 22, 2026 /PRNewswire/ -- U.S. pending home sales fell 1.9% from a week earlier to the lowest level in records dating back to 2021, according to a new report from Redfin, the real estate brokerage powered by Rocket. U.S. housing market takeaways for the four weeks ending Oct. 18: Pending sales fell ev...
Home prices rose 0.25% nationwide in September, up slightly from 0.21% in August Prices grew month over month in 34 of the 50 most populous U.S. metros, with the fastest growth in Philadelphia and Pittsburgh Prices declined in 16 metros, led by Fort Worth, a major buyer's market SEATTLE, Oct. 20, 2026 /PRNewswire/ -- U.S. home prices increased 0.25% month over month in September on a seasonally...
Pending home sales inched up this week, but they're still near record lows SEATTLE, Oct. 15, 2026 /PRNewswire/ -- The median U.S. asking price of a home for sale fell 0.3% year over year, the first decline since March. That's according to a new report from Redfin, the real estate brokerage powered by Rocket.
The number of buyers in the market dipped to the lowest level in records dating back to 2013, while the number of sellers rose to its highest level since 2020 41 of the 50 most populous U.S. metro areas are buyer's markets, the most in Redfin's records, led by Miami, Nashville and Houston There are just 5 seller's markets: San Francisco, and a few Northeast metros SEATTLE, Oct. 14, 2026 /PRNews...
U.S. pending home sales haven't been this low since 2014, except the pandemic freeze in 2020. Mortgage rates climbed above 7%, pricing out would-be buyers.
The timeline varies widely depending on how rates and prices evolve—and it varies even more from metro to metro Costs are closest to returning to normal in San Jose, Oakland, Seattle, Portland and Austin Housing costs could take at least a decade to return to normal in half of the metros in Redfin's analysis SEATTLE, Oct. 8, 2026 /PRNewswire/ -- Housing costs could hypothetically return to "nor...
Top companies in the mortgage industry are in a freefall this week as mortgage rates continue their strong upward trend. UWM Holdings (UWMC) dropped to $1.17 on Wednesday, down by 80% from its highest point this year, with its market capitalization falling to $2.25 billion.
21% of U.S. home sellers dropped their asking price during the four weeks ending September 20, up slightly from 19.8% a year earlier and the highest share for this time of year in Redfin's records. Price drops are most common in Denver, which is a buyer's market but less so than other places.
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