Redfin CEO Glenn Kelman said rising rates and home prices are crushing consumer sentiment. However, rising inventory and a year-end interest rate cut will be key to restoring it.
Source: Inman News
‘Buyers are losing faith in the American Dream:’ Redfin CEO
More from affordabilityMore posts in affordability »
- Why affordability hits different in a military market
- 8M reasons to focus: A data-driven Q4 reality check for real estate
- A 7-home estate and a former talk show host’s Montecito hideaway among September’s priciest sales
- How buyer affordability education makes you the go-to agent
- 48% of Americans blame investors for ‘unreasonable’ housing costs
More from first-time homebuyersMore posts in first-time homebuyers »
- Stop freaking out about 50-year mortgages. They might save the housing market
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- Share of first-time homebuyers falls to lowest point ever
- Fannie and Freddie build net worths for planned Q2 2026 public offering
- Existing-home sales gain momentum in September amid falling mortgage rates
More from glenn kelmanMore posts in glenn kelman »
- Redfin site fluke exposed past users’ data on listing contact forms
- Redfin hits back at Compass, notches victory in Zillow case
- Compass pulls Redfin into its Zillow private listing lawsuit
- Lingering questions, NAR opinion, new lawsuit: Inman Top 5
- Mr. Cooper shareholders approve merger with Rocket Companies
More from home price growthMore posts in home price growth »
- 5 data-backed tips for leading your clients through 2025
- Tensions run high as buyers and sellers battle for ‘the driver’s seat’
- These 10 real estate markets have lost $233B in value since 2024
- Why is Midwest real estate beating the rest of the country?
- Summer sales have hit their slowest pace in 10 years
More from homesellersMore posts in homesellers »
- Share of first-time homebuyers falls to lowest point ever
- Commissions held up in Year 1. Would a seller’s shift upend them?
- 15% of homebuyers ‘ghosted’ homesellers in September
- Tensions run high as buyers and sellers battle for ‘the driver’s seat’
- Is the mortgage lock-in effect ending? These numbers offer clues
More from Markets & EconomyMore posts in Markets & Economy »
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- How to help senior real estate clients right-size with confidence
- Welcome to the Senior Class: Downsizing with a home equity conversion mortgage
- Why independent brokerages matter more than ever amid real estate consolidation
- What is a 50-year mortgage? The pros and cons of Trump’s proposal
More from mortgage ratesMore posts in mortgage rates »
- NAR economist predicts post-shutdown real estate ‘boom’
- Homebuying off to strongest November start since 2022
- Veterans have been ‘priced out,’ left behind by the housing market
- Housing recession? K-shaped trends? The dollars and ‘sense’ of today’s economy
- AI helps UWM seize the day, make the most loans in 4 years in Q3
More from rate cutsMore posts in rate cuts »
More from RedfinMore posts in Redfin »
- Redfin site fluke exposed past users’ data on listing contact forms
- Stop freaking out about 50-year mortgages. They might save the housing market
- Zillow defends private listing rule, criticizes Compass in new filing
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
- Jason Oppenheim: ‘Epic’ real estate + big drama makes new ‘Selling the OC’ season the best yet
More from SelectMore posts in Select »
- HUD shifts homeless policy away from providing permanent housing
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- RateMyAgent and Curated Social merge to form Renowned platform
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- NAR scores a victory in buyer commission lawsuit
Be First to Comment