Average homes sell above asking price for first time since last year
The average sale price nationwide just exceeded 100% of list price for the first time since August of last year, according to a new market report from Redfin released on Thursday
by Daniel Houston Jul 6
Too big an ask? Homesellers struggle to find the right comps
The home that sold down the street a few weeks ago might not be a good guide for how to price yours, according to new data from Redfin
by Daniel Houston Sep 30
Are sellers aiming too high? Price cuts abound throughout the US
More sellers dropped their asking prices in June almost everywhere in the US. In some places, more than half of homes for sale saw a cut
by Daniel Houston Jul 14
List prices are finally starting to fall
Nearly 1 in 5 homesellers dropped their listing price during the 4-week period ending May 22, a high watermark unmatched since October 2019, according to a new report from Redfin
by Lillian Dickerson May 27
Buyers are still fighting hard, despite costly home payments
The monthly mortgage payment on a typical home is more than 50% pricier than it would have been a year ago, according to Zillow's research team, yet competition remains fierce
by Daniel Houston May 19
As list prices continue to soar, not all homebuyers are willing to play ball
Homesellers have been pushing list prices to new heights, but a report released Thursday by OJO Labs indicates buyers aren't as eager to shell out for the pricier pads
by Daniel Houston Oct 15
Seattle skyline
A new Redfin report found that homes in some of America's largest metro areas sold for well above asking price in the first half of 2021, bucking an established trend
by Daniel Houston Jun 23
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
Buyers are giving up the search for that perfect starter home
As starter home inventory continues to dwindle, buyers are widening their budgets and setting their sights on premium homes, says Trulia
by Marian McPherson May 21
price reduction
When sellers determine their asking price, they pick their competition
by Andrew Wetzel Dec 2
How to use AVMs to your advantage
Are you sick of explaining to your clients why their online prices are inaccurate?
by Andrew Strauch Oct 29
Price-per-square-foot analysis: 4 tips for accurately pricing a home
Despite the haters, price-per-square-foot technique does hit home runs
by Bernice Ross Sep 8
5 tips to win a multiple-offer bidding war
Tips that will come in handy for your buyer
by Tim Burrell Aug 14
If it didn't work last year, it probably won't work next year
Listing appointment a prime opportunity to dispel pricing myths, learn true motivation for selling
New book helps agents learn what matters most to potential clients
by Bernice Ross Dec 16