Neighborhoods that were redlined have gained $212,000 less home equity since the 1980s, according to a new study from Redfin released Thursday
Despite the slight rise in rates, homebuyer demand remains strong, according to Redfin Chief Economist Darryl Fairweather
Low mortgage rates and a lack of inventory have created a highly competitive market. In San Jose, one homebuyer had to put 50% down and write a letter to the sellers in order to beat 24 other offers
More than 5% of homes were sold to iBuyers in Phoenix and Raleigh, the top 2 markets for the direct buying platforms
Low supply and high demand will drive the housing market amidst age milestones for millennials and baby boomers
The number of home offers to be fraught by bidding wars is down 19% year-over-year
'We expect to see red places in the middle of the country become redder and the blues bluer as the migration trends continue,' Redfin Chief Economist Daryl Fairweather says
Existing-home sales inched up 2.6% year-over-year in August, according to data released Thursday
Homes are flying off the market in Arlington and Alexandria
A new Redfin study reveals that 53% of buyers and sellers oppose high-density housing in their own neighborhoods, despite the fact it would significantly improve affordability
Fears about possible recession, burgeoning trade war are keeping luxury buyers at bay, says new Redfin report
Fed economists say that tax reform slowed the housing market, and higher-income homebuyers were affected most
Economists praised the tech giant's plan to spend $1B on Bay Area housing, but expressed skepticism that the efforts will solve the region's crisis-level affordability problem
'Bidding wars are back with a fury in San Francisco,' one Redfin agent recently said
The US real estate giants just launched north-of-the-border as the market in one of the hottest cities is contracting