Daryl Fairweather

4 weeks ago | redfin.com | Mark Worley |Asad KHan |Asad Khan |Daryl Fairweather

Brooklyn’s Prospect Heights and Clinton Hill top Redfin’s 2025 list of hot neighborhoods, after posting a 105% spike in home sales from a year ago. Five of the 10 hottest neighborhoods are located on the outskirts of Midwestern metros, with buyers seeking affordability and an easy commute. A neighborhood in the heart of San Francisco and a commuter suburb just outside Washington, D.C. also made the top 10. Five of Redfin’s 10 hottest neighborhoods of 2025 are in Midwest suburbs.

Jan 9, 2025 | sltrib.com | Daryl Fairweather

In the past 30 years, anyone hoping to buy a new home in Utah has essentially had only two places to look: along the Wasatch Front and in Washington County. In that time span, permits have been issued for about 416,000 single-family homes, condos, duplexes and town homes. Two-thirds of them have been built either in Salt Lake County or in one of its three most populous neighbors: Davis, Utah and Weber counties.

Dec 17, 2024 | housingwire.com | Daryl Fairweather

The American dream is synonymous with two ideas. One is the idea that anyone in this country can find a path to economic success regardless of their circumstances at birth. The second idea is the symbolic encapsulation of the first idea: homeownership. Owning a home is the signifier of economic success, but over the last few years, that milestone has gotten farther out of reach for first-time homebuyers.

Dec 5, 2024 | redfin.com | Daryl Fairweather

American flag blowing in the breeze while hanging on a residential home. The 2024 election results show that voters are willing to greenlight big spending to fund affordable housing. Across the country, cities and states approved hundreds of millions of dollars in bonds and taxes to increase housing supply. But the question remains—given existing regulatory barriers like zoning and red tape, will that money be spent where it’s needed most?

Dec 4, 2024 | redfin.com | Daryl Fairweather |Chen Zhao

Redfin’s economists expect there will be more home sales in 2025, largely due to pent-up demand. But some would-be homebuyers will still be priced out, with home prices climbing and mortgage rates remaining near 7%. Rental prices, on the other hand, should stay flat while wages increase, improving affordability for renters.