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
Redfin: Homes are selling like hot cakes in swing counties
According to Redfin's latest market analysis, the home sales pace is growing fastest in swing counties as urban homebuyers migrate to suburban locales
by Marian McPherson Sep 18
'People want bigger': Sales of large homes surge, Redfin says
Small homes are selling faster but buyers of all income levels want more space
Luxury market shows signs of recovery as home prices rise
A new Redfin report found that the median price of a luxury home in the US is $825,000, a 1.2 percent rise from the same period last year
Bidding wars get brutal as buyers chase dwindling supply
Buyers in some markets are offering hundreds of thousands of dollars over asking prices — and still losing bidding wars. 'Normally there's 13, maybe up to 20 offers. But 39 is bonkers.'
by Jim Dalrymple II Aug 14
New Fannie and Freddie fee could push homeowners off the fence
The government-sponsored enterprises are imposing a 0.5% fee on refinances, a move that, while garnering criticism, could convince homeowners to buy while rates are still low
by Patrick Kearns Aug 13
'It’s as hot a seller’s market as I’ve ever seen': More than half of all July home offers faced competition
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
Quarter of homebuyers are moving — and moving sooner than expected
Twenty-five percent of homebuyers reported the pandemic has caused them to move — or speed up their moving timeline, according to a survey conducted by Redfin
Late July home sales prices reach record heights: Redfin
The median home sale price soared 11% year over year during the week ending July 26, bringing that figure up to a record-high of $315K, according to a market report by Redfin