What Happened in November: Sellers Hit Pause New data from Redfin shows the housing market cooled further in November, and not just on the buyer side. Active listings fell 1.4% month over month—the biggest supply drop since 2023—as many homeowners decided to wait rather than list into a slower market. At the same time, pending … Read more
Mortgage applications dipped—even as rates eased. Here’s what that means for you. Mortgage applications fell about 5% recently, even though rates didn’t spike and actually edged down. At first glance, that may sound confusing—lower rates usually bring more buyers and more refinances into the market. But the latest data points to a more complicated reality: … Read more
A rare shift: More sellers than buyers (by a lot) New data from Redfin shows the U.S. housing market now has 37% more home sellers than homebuyers—more than double the gap from this time last year. In records going back to 2013, only summer 2025 saw an even larger imbalance. Translation: many markets are behaving … Read more
Western New York just became the nation’s hottest battleground for homebuyers If you’ve been thinking the most cutthroat housing markets are always in coastal cities, new data may surprise you. According to Redfin’s latest ranking of the most competitive housing markets in the U.S., Irondequoit, NY—a lakeside suburb of Rochester—now sits at the top. Homes … Read more
Mortgage rates have cooled—but don’t expect a dramatic drop in 2026 If you’ve been watching mortgage rates like a hawk, 2025 has delivered a welcome shift. Rates began the year a bit above 7% and are now heading into the holiday season closer to 6.2%. That’s meaningful improvement for affordability and monthly payments. But the … Read more
What Texas’ “Operation Double Nickel” Could Mean for Your Property Taxes Property taxes are a major part of the monthly cost of homeownership in Texas—and they’ve been a growing concern for many households. A new proposal from Texas Lt. Gov. Dan Patrick, dubbed “Operation Double Nickel,” aims to expand property tax relief by lowering the … Read more
What the Latest Home-Price Update Really Means New data from Redfin shows U.S. home prices inched up 0.2% in November (seasonally adjusted). That’s not a surge—it’s a small move that suggests the market is still finding its balance. More notable: prices were up 2.6% year over year, down from 2.9% the prior month, marking the … Read more
What the MBA’s latest forecast is signaling The Mortgage Bankers Association (MBA) recently updated its outlook for the U.S. economy, projecting slower growth of about 1.6% in 2025 and putting the chance of a recession in the next 12 months at 35%. Translation: the economy may keep moving forward, but at a cautious pace—while inflation … Read more
