The climbing profit margins are a reflection of how home prices have continued to stay steady, and even increase in some areas, during the pandemic
by Lillian Dickerson Sep 16
During the second quarter of 2020, 1.69M refinance mortgages were secured by residential properties in the U.S., a number up nearly 50% from the first quarter, and up more than 100% year over year to its highest level in 7 years
by Lillian Dickerson Aug 19
The hottest ZIP codes in the US this year, according to an analysis by realtor.com, are in less populous, less expensive areas where people can socially distance with ease and not worry about breaking the bank if their jobs become less secure during a time of widespread economic uncertainty
by Lillian Dickerson Aug 18
Salt Lake City, San Francisco and San Diego were the 3 most competitive metro areas for Redfin agents making offers last month, according to a new Redfin analysis
by Jim Dalrymple II Aug 10
Boston experienced the highest frequency of bidding wars, with 72.4% of all offers facing competition, according to a Redfin survey released Friday
by Patrick Kearns Jul 10
Housing inventory across the US was down 27.4% year over year, or approximately 363,000 fewer homes during the same period last year, according to realtor.com
by Lillian Dickerson Jul 1
A new Redfin report found that pageviews of listings in towns with less than 50,000 residents were up by 87 percent year over year in May
by Lillian Dickerson Jun 25
In our multipart series on the US housing market this summer, Inman's Jim Dalrymple reports that the market hasn't fully returned to normal yet, but a number of metrics including prices and pending sales suggest it has been resilient amid the coronavirus crisis
by Jim Dalrymple II Jun 22
In May, 36% of saved searches created by Redfin.com users were filtered exclusively for single-family homes, up from 33% in February and the highest level its reached in 4 years
by Lillian Dickerson Jun 16
Boston, Dallas and Washington, D.C., were the three most competitive markets in the U.S. last month, a new report reveals. The report provides further evidence that the pandemic hasn't tanked prices or demand
by Jim Dalrymple II Jun 15
The number of single-family homes and condominiums flipped in the first quarter of 2020 reached 53,705 — up 7.3% year over year to its highest level since the second quarter of 2006, according to Attom Data Solutions' latest home flipping report
by Lillian Dickerson Jun 11
As many states began the reopening process in May, rents continued to decline from previous months, according to YardiMatrix's National Multifamily Report for May 2020
by Lillian Dickerson Jun 9
Buyers and sellers appear to be returning to the market in many parts of the U.S., but inventory issues continue to plague many areas as well
by Jim Dalrymple II Jun 2
San Francisco in particular has experienced a historic drop in rent amid the pandemic, though rents are also down in New York, Boston and other cities
by Jim Dalrymple II Jun 1
The number of U.S. homes in the process of foreclosure that are currently sitting empty barely changed between the first and second quarters of 2020, due to the coronavirus-induced moratorium on foreclosures
by Lillian Dickerson May 27