Second-home demand fell 21 percent in July from the previous year, according to a report released Tuesday by tech-powered brokerage Redfin.
Source: Inman News
Demand for second homes drops for second-straight month
More from COVID-19 pandemicMore posts in COVID-19 pandemic »
- How homeowners, not builders, are driving Denver’s inventory boom
- Foreclosures were up 9% year over year in May: ATTOM
- US inventory exceeds 1M homes for first time in 6 years
- What aspect of real estate has changed most in the past 5 years?
- Opendoor, Fathom stocks flirt with $1 threshold — and with disaster
More from DataMore posts in Data »
- Blueprint launches new subscription research platform for commercial executives
- As homebuyers gain leverage, sellers get cold feet. Is it happening near you?
- Modest gains help agents see path to recovery: Client Pipeline Tracker
- Why is Midwest real estate beating the rest of the country?
- US home prices see modest annual gains, but lag behind inflation
More from Markets & EconomyMore posts in Markets & Economy »
More from Optimal BlueMore posts in Optimal Blue »
- Should they stay or go (down) now? Forecasters are split on where mortgage rates will be in 2026
- Fed signals it’s just getting started with 1/4 percentage point rate cut
- Homeowners rush to refinance as mortgage rates hit 2025 low
- Rising inflation makes ‘jumbo’ Fed rate cut unlikely next week
- Homebuyer demand surges as mortgage rates tumble to 2025 low
More from Property PortfolioMore posts in Property Portfolio »
More from rate lockMore posts in rate lock »
More from RedfinMore posts in Redfin »
- Here’s what comes next in the Compass-Anywhere deal
- Compass to acquire Anywhere in $1.6B deal, capping rise to top
- How the growing buyer power shift is reshaping the real estate market
- These are the states where homeowners will benefit most — and least — from new SALT cap
- Compass calling foul on MLS rules is hypocrisy
More from redfin studyMore posts in redfin study »
More from second homesMore posts in second homes »
More from second homes marketMore posts in second homes market »
More from Taylor MarrMore posts in Taylor Marr »
- Fewer than 2% of homes changed hands in 2023, marking 10-year low
- US rent hits just shy of all-time record high: Report
- Massive metro-to-metro home price gaps reach 13-year highs
- Spring market falls short, but low inventory is driving up competition
- Low inventory prevents prices from falling even further: Report
More from vacation homesMore posts in vacation homes »
Be First to Comment