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Housing Market: Americans Must Earn a Record $115,000 to Afford Typical Home

The housing market is becoming more unaffordable, as monthly mortgage payments have hit an all-time high, Redfin reported.

United statesFederal reserveTerms of serviceRedfin economics research lead chen zhaoGoldman sachsEconomics research lead chen zhaoMi exclusiveHousing marketCome priceMortgage rates

Buyers Cancel Contracts In Droves As Prices And Interest Rates Soar

Nearly 60,000 home purchase contracts were canceled nationwide during August, according to Redfin's report.

United statesJaime mooreRedfin economics research lead chen zhaoFederal reserveVirtual inman connectInman connect new yorkEconomics research lead chen zhao

Redfin: Nearly 1 in 10 homes worth at least $1 million | News

Redfin: Nearly 1 in 10 homes worth at least $1 million | News
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Nearly 1 In 9 US Homes Now Command $1M As Luxury Prices Soar In June

The share of U.S. homes valued at $1 million or more stopped shy of a record notched last summer, a Redfin analysis shows.

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The City With the Most Million-Dollar Homes – 24/7 Wall St

In June, 8.2% of residences in the United States boasted a value surpassing $1 million. This statistic is derived from the report “Nearly 1 in 10 U.S. Homes Are Worth at Least $1 Million, Close to All-Time High,” published by the real estate sales firm Redfin. Notably, one city greatly exceeds this figure: San Francisco, […]

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