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2023 was the worst year for homebuyers on record

High mortgage rates, a lack of inventory and elevated home prices have turned 2023 into the least affordable year for homebuyers on record.

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2023 was the least affordable homebuying year: Redfin

California metro regions ranked as the least-affordable areas, while Midwest metros were the most affordable, Redfin said in a new report.

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Redfin reports 2023 as the year with the least affordable homebuying conditions

Redfin reports 2023 as the year with the least affordable homebuying conditions
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2023 was the least affordable homebuying year in at least 11 years, Redfin says

California metro regions ranked as the least-affordable areas, while Midwest metros were the most affordable, Redfin said in a new report.

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