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On Tuesday, Redfin reported that shoppers require 1.4% less income to buy the median-priced property. But some warn that lower mortgage rates will trigger adverse impacts on housing prices.
According to the latest data from Redfin, home prices in South Carolina were up 3.7% year-over-year in August — with homes selling for a median price of $381,600.
The total value of homes in the U.S. gained $3.1 trillion over the last 12 months to reach a record $49.6 trillion, Redfin states. Percentage-wise, the U.S. housing market total value grew 6.6% ...
Redfin Corporation. Redfin Corporation, based in Seattle, provides residential real estate brokerage and mortgage origination services. The company operates in more than 100 markets in the United States and Canada. [1] In 2023, the company had a 0.76% market share in the United States by number of units sold and had an average of 1,776 lead agents.
Home prices by county (2021) <$100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000+ Cost of housing by State. This article contains a list of U.S. states and the District of Columbia by median home price, according to data from Zillow.
The US housing market is on track to hit a record $50 trillion in value, Redfin said. US homes gained $3 trillion in value last year, thanks to supply and demand imbalances.
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