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Redfin Corporation (RDFN) Business News
Track Redfin Corporation in real time with a live news feed covering Redfin Corporation stock news, official press releases, company announcements, and an archive of historical Redfin Corporation news. ...more
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Redfin Reports the Typical First-Time Homebuyer is 35 Years Old
Redfin Reports the Typical First-Time Homebuyer is 35 Years Old
Nearly 1 in 7 Home Sales Are Falling Through, a Record For This Time of Year
Redfin Reports Home Prices Start Year Up Just 1% as Buyer's Market Keeps Growth in Check
Redfin Reports Pending U.S. Home Sales Fall 6% As Would-Be Buyers Sit Out Slow Winter Market
Redfin Reports Coastal Florida Dominated January's Priciest Home Sales, Led By a $55M Naples Estate
Redfin Reports U.S. Home Prices Crept Up 0.3% in January
Redfin Reports Homebuyer Down Payments Shrink for First Time in 5 Months
Redfin Report: 64% of Single Americans Struggle to Afford Housing, Compared With 39% of Married People
Redfin Reports Pending Home Sales Decline in All But 5 Major U.S. Metros
Redfin Reports Homebuyers Need to Earn $35,000 More Than Renters to Afford Monthly Payments—the Smallest Gap in 3 Years
Redfin Reports the Typical First-Time Homebuyer is 35 Years Old
12:00 PM | Wednesday | Feb 25, 2026
SEATTLE--(BUSINESS WIRE)--The typical first-time homebuyer was 35 years old in 2025, down from 36 the year before and down from a peak of 38 in 2018. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. Meanwhile, the typical repeat buyer was 47 years old, down from a historic peak of 52 the year before. The small improvement in affordability from 2024 to 2025, along with a bit more inventory, brought the median homebuying age down. The average 30-year fixe.
Redfin Reports the Typical First-Time Homebuyer is 35 Years Old
Business WireSEATTLE--(BUSINESS WIRE)--The typical first-time homebuyer was 35 years old in 2025, down from 36 the year before and down from a peak of 38 in 2018. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. Meanwhile, the typical repeat buyer was 47 years old, down from a historic peak of 52 the year before. The small improvement in affordability from 2024 to 2025, along with a bit more inventory, brought the median homebuying age down. The average 30-year fixe.
Redfin Reports the Typical First-Time Homebuyer is 35 Years Old
Business WireSEATTLE--(BUSINESS WIRE)--The typical first-time homebuyer was 35 years old in 2025, down from 36 the year before and down from a peak of 38 in 2018. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. Meanwhile, the typical repeat buyer was 47 years old, down from a historic peak of 52 the year before. The small improvement in affordability from 2024 to 2025, along with a bit more inventory, brought the median homebuying age down. The average 30-year fixe.
Nearly 1 in 7 Home Sales Are Falling Through, a Record For This Time of Year
Business WireSEATTLE--(BUSINESS WIRE)--Nearly 40,000 home-sale agreements nationwide were canceled in January, equal to 13.7% of homes that went under contract that month. That's up from 13.1% a year earlier, and the highest January share in records dating back to 2017, according to a new report from Redfin, the real estate brokerage powered by Rocket. This is based on a Redfin analysis of MLS pending-sales data.
The data is seasonal, which is why this January is compared to past Januarys. Sales are falling.
Redfin Reports Home Prices Start Year Up Just 1% as Buyer's Market Keeps Growth in Check
Business WireSEATTLE--(BUSINESS WIRE)--The median U.S. home sale price rose 1.1% year over year in January to $422,921 as the strongest buyer's market in recent history kept a lid on price growth. That's according to a new report from Redfin, the real estate brokerage powered by Rocket.
Year-over-year price growth has hovered below 2% for the past 10 months—a far cry from the double-digit gains of the pandemic homebuying frenzy. “Home prices grew so fast for so long that a lot of buyers got shut out of the.
Redfin Reports Pending U.S. Home Sales Fall 6% As Would-Be Buyers Sit Out Slow Winter Market
Business WireSEATTLE--(BUSINESS WIRE)--U.S pending home sales fell 5.8% from a year earlier during the four weeks ending February 15, the biggest decline in a year. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. The typical home that does go under contract is taking 67 days to do so—a week longer than last year and the longest span since early 2019.
Would-be buyers are sitting on the sidelines largely because it's expensive to purchase a home. The median home-sale.
Redfin Reports Coastal Florida Dominated January's Priciest Home Sales, Led By a $55M Naples Estate
Business WireSEATTLE--(BUSINESS WIRE)--A waterfront estate in Naples, FL was the most expensive home sale of January, fetching $55 million. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. It's followed by an Aspen, CO ranch that brought in $42 million, and a Hawaiian beachfront estate on the Big Island that sold for just over $38 million. Two more coastal Florida compounds round out the top five, fetching about $36 million apiece. All in all, six of January's 10 mo.
Redfin Reports U.S. Home Prices Crept Up 0.3% in January
Business WireSEATTLE--(BUSINESS WIRE)--U.S. home prices crept up 0.3% month over month in January on a seasonally adjusted basis, following a 0.2% gain in December.
That's according to a new report from Redfin, the real estate brokerage powered by Rocket. Prices rose 2.1% from a year earlier, down from December's 2.4% increase. Year-over-year price growth has now slowed for nearly 12 consecutive months.
This is according to the Redfin Home Price Index (RHPI), which uses the repeat-sales pricing method to ca.
Redfin Reports Homebuyer Down Payments Shrink for First Time in 5 Months
Business WireSEATTLE--(BUSINESS WIRE)-- #housingmarket--The typical U.S. homebuyer's down payment fell 1.5% year over year to $64,000 in December, the first decline in five months. That's according to a new report from Redfin, the real estate brokerage powered by Rocket.
The median home sale price rose slightly in December (0.5%) but down payments fell in dollar terms partly because the typical homebuyer put down a lower percentage of the purchase price than a year earlier. In percentage terms, the typical homebuyer put dow.
Redfin Report: 64% of Single Americans Struggle to Afford Housing, Compared With 39% of Married People
Business WireSEATTLE--(BUSINESS WIRE)-- #housingmarket--Nearly two-thirds (64%) of single people struggle to afford their regular rent or mortgage payments, compared with 39% of married people. That's according to a new survey commissioned by Redfin, the real estate brokerage powered by Rocket. Many Americans struggle to afford housing because costs have surged over the last few years. Mortgage payments have increased due to a combination of elevated sale prices and mortgage rates that—while down from recent peaks—are still.
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Redfin Reports Pending Home Sales Decline in All But 5 Major U.S. Metros
Business WireSEATTLE--(BUSINESS WIRE)--U.S. pending home sales fell 5.1% year over year during the four weeks ending February 8, the biggest decline in over a year. That's according to a new report from Redfin, the real estate brokerage powered by Rocket.
On a local level, pending sales dropped in all but five of the 50 most populous U.S. metro areas—the most in over two years. The only metros where pending sales increased were West Palm Beach, FL (9.1%), Jacksonville, FL (7.
7%), Columbus, OH (1.4%) and Chi.
Redfin Reports Homebuyers Need to Earn $35,000 More Than Renters to Afford Monthly Payments—the Smallest Gap in 3 Years
Business WireSEATTLE--(BUSINESS WIRE)--Americans need to earn $111,252 per year to afford the typical U.S. home for sale. That's 46.3% more than the $76,020 they need to afford the typical rental, according to new reports from Redfin (redfin.
com), the real estate brokerage powered by Rocket. While that's a significant gap, it's the smallest it has been in three years. A year ago, a family would have needed $115,870 annually to afford the typical home listing, 55.6% more than the $74,464 required for the typ.