The number of U.S. homes that typically changes hands as people relocate for work, retire or trade-up for more living space hasn’t been this low in nearly 30 years.

Mortgage rates eased this week for the seventh week in a row, a trend that gives prospective home shoppers more financial flexibility just as the spring homebuying season gets going.

The Los Angeles wildfires wiped out thousands of homes, forcing families to find new places to live.

Homebuyers are regaining leverage at the negotiating table as the housing market slows, new data from Redfin shows.

America’s housing market has grown so overheated as demand outpaces supply that prices keep hitting record highs — and roughly half of all U.S. houses are now selling above their list price.

ORLANDO, Fla. – While many industries continue to struggle economically due to the coronavirus pandemic, Central Florida’s real estate market is on fire. According to new numbers compiled by the online real estate platform Redfin, the Orlando metro area recorded 61,000 new residents in 2020, ranking it the third fastest growing market in the United States. “I think Orlando has -- in terms of lifestyle -- what a lot of people are looking for,” said Redfin economist Daryl Fairweather. “COVID came, and we felt very unsafe in New York because it was rampant,” Suzy Burnham said. Ad“I feel happy and healthy here,” Suzy Burnham said.