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46% of Home Sellers Gave Concessions to Buyers in May, the Highest Share on Record For That Month

Nearly half of U.S. home sellers gave concessions to buyers in May, the highest May share in our records Concessions were most common in Nashville, the nation’s strongest buyer’s market, where three-quarters of sellers handed out concessions to attract buyers. They were least common in the Bay Area and other…

HomebuildersEconomyU.S. NationalSan FranciscoCaliforniaNashvilleTennessee
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Americans Across Party Lines Back Policies to Improve Housing Affordability: Redfin Survey

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The median U.S. home price hit a record high, one factor that’s pushing some prospective buyers away. New listings of U.S. homes for sale fell 1.7% from a week earlier during the week ending June 21 to their lowest level since February. The total number of homes for sale dipped 0.4% week over week, the […] The post…

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