A woman's hand opening a door
A handful of economists shared with Inman their forecasts for home sales and prices, inventory, the impact of a coronavirus vaccine and the risk of another recession
by Andrea V. Brambila Dec 24
The best month of the year to buy a home in 2020 was November
The median monthly mortgage payment in the US hit a low of $1,094 in November 2020, making it the best month out of the year to buy a home, according to a Redfin analysis
by Lillian Dickerson Dec 23
The 10 hottest neighborhoods to watch in 2021
From popular ski towns in California to once-sleepy suburbs in New Jersey, these 10 areas are attracting new residents at lightning speed
Searches for homes in urban areas up 200% from last year: Redfin
With the largest annual increase for searches in urban areas so far this year, new data from Redfin released Tuesday suggests Americans haven't given up on cities just yet
by Lillian Dickerson Nov 24
Home sales experienced record gains in October: Redfin
Home sales were up 24% in October from the previous year on a seasonally adjusted basis, the largest increase since Redfin started tracking the data in 2012
by Lillian Dickerson Nov 19
Do protests play a role in where Americans want to live? Maybe
New data from Redfin suggests protests have had a modest impact on where people want to live, with 30% surveyed saying unrest has made them reconsider where they want to live
by Lillian Dickerson Nov 18
What a vaccine could mean for the US housing market and real estate
An effective vaccine could mean a spike in interest rates and return to some pricy metro markets, economists and agents told Inman
by Patrick Kearns Nov 16
Louisville, Buffalo, Santa Barbara lure out-of-towners amid pandemic
All 3 metros have experienced a net inflow increase by over 100% in the past year, according to a new report from Redfin released Friday
by Lillian Dickerson Oct 30
Multitudes of Americans considering leaving US after election
Redfin found that 16% of Americans would consider leaving the country if their preferred presidential candidate loses in November. That's up from just 9% four years ago
by Jim Dalrymple II Oct 26
Affordability trumps wildfire risk for homeowners on West Coast
According to Redfin's latest study, homebuyers are choosing affordable areas with higher wildfire risk as demand and home prices heat up in low-risk areas
by Marian McPherson Oct 19
September was a record-breaking month for prices, sales and speed
Rising home prices, increasing sales and fewer days on market characterized a historic September in the United States, according to a report issued Monday by Redfin
by Lillian Dickerson Oct 19
Even amid pandemic, luxury sales soared 42% in Q3: Redfin
Luxury sales skyrocketed in 3Q20, even as the number of confirmed cases peaked at 75K on a single day in July and joblessness claims hovered around 1M a week in early August
'As good as it gets for homesellers': New median US home price record
Amid intense market demand and low inventory, the U.S. median home price hit a record high of $319,769 in the 4 weeks ending September 27, according to data from Redfin
As new home sales soar, listings take a dip in August
New listings of newly constructed homes decreased 4.1% year over year to a seasonally adjusted rate of 74,000 in August, according to a report on Friday from Redfin
by Lillian Dickerson Sep 25
Homebuyer migration rates reach highest level since 2017: Redfin
At a national level, 28.7% of Redfin.com users looked to move to a different metro area during July and August, according to the brokerage's latest migration report
by Lillian Dickerson Sep 24