Redfin

Redfin data supports findings from this summer when a significant share of buyers said they would move on purchases only after the election.

Regardless of the effect housing prices have on ballot decisions, almost two-thirds of respondents indicate that current economic trends left them feeling negative about the economy, Redfin said.

Bidding wars are also coming back into play in several markets across the country, with the Northeast, in particular, seeing increased activity, according to Redfin.

Follow-through has been weak, but there's hope lower mortgage rates could improve conditions, according to new housing reports from Redfin and MBS Highway.

Both tools are currently in use by eligible customers with waitlists open to others who are interested.

But that's largely because homes are staying on the market longer — almost three weeks more than in early summer on average.

Home prices, sales volumes, interest rates are expected to drop next year, researchers at the company forecasted.

Redfin Corp. is shuttering its iBuying business and laying off workers for the second time in almost five months, as the likelihood of a prolonged U.S. housing slowdown continues to ripple through the industry.

Activity is coming in at or below 2020 levels according to reports from the Mortgage Bankers Association and Redfin.

In a reversal of 2021 trends, inventory is increasing and price reductions are occurring across cost levels, though less often among the least expensive homes, according to reports from Zillow and Redfin.

Approximately 8% of listings on the market each week are getting a price cut, while the share of offers facing bidding wars fell below 45% in July, the brokerage's latest report found.

Home sales were down by 17% in June, while inventory increased over 27%, compared to numbers from one year ago, according to Remax.

The slowdown in new single-family construction is one of several headwinds homebuilders find themselves facing this summer.

Several Sun Belt cities popular for relocation over the last two years were among markets with the most reduced listing prices in April.

The real estate franchisor's stock price fell by $16.85 per share since the deal was announced in January, making it a less attractive currency.

More properties on the market are also selling quicker, with almost 60% now receiving accepted offers within two weeks.

While low interest rates and low existing-home supply are behind much of the growth, the single-family rental market is also fueling demand.

Average prices were up 15% compared to the same month in 2020.

But the online real estate company is eliminating nearly half of the positions in its existing mortgage business as a result of the deal.

The month saw the highest median home sales price ever along with the quickest time ever to sell a new listing.