Pending sales numbers are one of the most ubiquitous forms of data in real estate. They have their limits, but are also key to making sense of the housing business
Continued inventory shortages and heightened buyer demand led to a red-hot May where nearly 60% of homes went under contract in 2 weeks
The trend toward remote work, along with the rising value of stock portfolios and home values, has fueled the demand
Homes with a median sales price of $925,000 outperformed all other property classes, according to data analyzed by Redfin
Redfin is about to get a new second-in-command, all the while continuing its efforts to be consumers' preferred one-stop real estate shop
Industry professionals painted a picture of a competitive market that only stands to get more intense as the weather gets nicer and more buyers come out this spring
The median home sale price in the US rose 14.4% to $336,200 in February
During the 4-week period ending Feb. 28, the median home sale price and the 4-week rolling average of median asking price on newly listed homes also hit new highs
The average buyer broker commission rate iBuyers paid when they resold a home fell to 2.5% in 2020 from 2.8% in 2019, according to a new analysis by Redfin
According to Redfin's latest survey, home prices surged 14% while sales grew by 20%
Looking for a home in a neighborhood with a good mix of luxury and affordable homes? Look no further than Seattle or Washington, D.C., a new report from Redfin suggests
Homes priced over $1M made up 10.8% of all saved searches on Redfin.com in January, up from 8.5% the previous year, and the highest point this figure has reached since 2017
Data from Redfin shows that cities are making a comeback, and young white-collar workers are seizing low mortgage rates and work-from-home policies to move to affordable cities
Homes for sale in rural areas across the nation were down 44.4% year over year during the four weeks ending Jan. 21, driving an all-time low in active listings, according to Redfin
'We haven't seen the end of pandemic-driven relocation,' Redfin Chief Economist Daryl Fairweather said, adding that an additional 33% of those polled said they would relocate if their current work-from-home situation becomes permanent