After buying frenzy, demand for second homes comes down to earth
New lending restrictions and buyer preferences meant slower growth last month in mortgages for vacation homes and investment properties
by Daniel Houston Jun 10
Inman Handbook on pending home sales
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
by Jim Dalrymple II Jun 1
51% of homes sold above listing price in May: Redfin
Continued inventory shortages and heightened buyer demand led to a red-hot May where nearly 60% of homes went under contract in 2 weeks
by Marian McPherson May 28
Fannie, Freddie must curb appetite as demand for second homes soars
The trend toward remote work, along with the rising value of stock portfolios and home values, has fueled the demand
by Matt Carter May 10
Luxury home sales soar 42% year over year
Homes with a median sales price of $925,000 outperformed all other property classes, according to data analyzed by Redfin
5 people to watch at Redfin as the company moves into a new era
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
by Jim Dalrymple II Apr 1
What this spring means for real estate: Buyers beware
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
by Lillian Dickerson Mar 19
Number of homes sold above list price soared in February: Redfin
The median home sale price in the US rose 14.4% to $336,200 in February
Sale-to-list price ratio hits all-time high: Redfin
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
A pair of hands pruning a tree
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
by Andrea V. Brambila Feb 25
A median home in the United States now costs $330,500: Redfin
According to Redfin's latest survey, home prices surged 14% while sales grew by 20%
Which cities are the most economically integrated?
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
by Lillian Dickerson Feb 17
$1M home searches hit record high in January: Redfin
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
by Lillian Dickerson Feb 10
Most cities are making a comeback — but not the priciest ones
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
US inventory plunges to all-time low
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