'Great stay' persists as home turnovers sink to 30-year low
The share of homes changing hands hasn't been this low since the mid-90s, Redfin economists report. The biggest culprit? Mortgage rates.
November 3, 2025
Dave Gallagher
Director, News Reporting
Dave's journalism career spans 24 years covering business, the economy and real estate in Northwest Washington. He's also a numbers nerd, examining data to spot emerging trends in industries. Having started his career as a sports writer, he's a lifelong baseball and soccer fan and recently discovered pickleball. He grew up in Yosemite National Park and earned his journalism degree at Humboldt State University in northern California.
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- CRMLS venture sues CoStar, Homes.com over unpaid feesREcore, a data company built by California Regional MLS, says it will cut Homes.com's access to CRMLS listing feeds on Nov. 1 due to breach of contract.October 21, 2025
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- We’ve seen this market cycle before — sort ofIn the 1980s, mortgage rates and home prices soared after a housing boom, then sales dried up — much like today’s market. Will our recovery look similar too?October 17, 2025
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- New listings up, but pending sales slip in subdued marketMortgage rates are holding relatively steady around the lowest levels of the year, but buyers still aren’t committing as other economic concerns persist.October 9, 2025
- Consumers are fed up with today’s housing marketPurchase cancellations and listing withdrawals are up as frustration runs high among homebuyers and sellers, according to a trio of new reports.October 8, 2025
