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.