Trends Affordability Dwindled to Decade-Low in California This June, California hit a new affordability low, as the share of buyers who can afford an average-priced home fell to 26 percent,...
Market Data + Trends The Growing Number of Million Dollar Cities The number of U.S. cities with median home values of $1 million or more is increasing. From 2017 to 2018, 33 cities crossed over into the...
Trends Direct Buyer Program Redfin Now to Expand Redfin announced this week that it is "deepening" its stake in the mortgage market by expanding its Redfin Now program, which buys homes...
Trends Redfin Chief Executive Sees Changing Environment, Slowing Sales Redfin chief executive Glenn Kelman says that lagging home sales are expected to return in August and September, similar to the decline...
Market Data + Trends Missing Millennial-Led Households More Millennials are living at home with their parents due to the continued rise of housing costs and higher levels of personal debt,...
Market Data + Trends Manufactured Homes, An Affordable Solution For 6.6 million households, manufactured homes are a safe and more affordable homeownership choice, finds a new report from the National...
Design The Leisure, Labor of the Open Floor Plan With the rise of the open floor plan merging kitchen, dining, and living spaces, the mess of cooking and the need for privacy are being...
Market Data + Trends Slow, Uneven Wage Growth Undercutting Other Economic Factors The current real average wage, accounting for inflation, has the same purchasing power as in 1978, according to new analysis by the Pew...
Trends Homebuyers' Pet Needs A new survey by Realtor.com found that 80 percent of homebuyer respondents own pets, and 87 percent take their pets needs into account when...
Market Data + Trends 'Sobering' Midwest Migration Patterns Senior fellow at the Manhattan Institute for Policy Research Aaron M. Renn recently examined migration patterns in the Midwest, finding that...