New-home sales show promise with 1.8% annual growth
New-home sales increased 1.8% to a seasonally adjusted annual rate of 661,000. Economists say the report, alongside improved builder sentiment, shows promise for a robust spring
by Marian McPherson Feb 26
Median sale price climbs to $426K for only 2nd time in US history
Undeterred by high mortgage rates, buyers battling over scant inventory pushed June's median sale price to the 2nd-highest level in history, according to new data released Monday by Redfin
by Marian McPherson Jul 17
New home sales hit 4-month low
New home sales took an 8.6% hit in March as rising home prices and mortgage rates made homebuyers think twice before purchasing a new home, according to new data released Tuesday
by Lillian Dickerson Apr 26
Want a cheap house for Christmas? Head to Santa Claus
Finding hope through the pandemic's darkness has looked different for everyone. For some, that's meant seeking out the spirit of Christmas in places where it lives on the whole year through, like in Santa Claus, Indiana, which has led to a mini real estate boom in the area
by Lillian Dickerson Dec 25
New home sales see modest gains for 2nd consecutive month
Sales of newly built single-family homes hit a seasonally adjusted annual rate of 740,000 in August 2021, up 1.5% from the revised July rate, according to the US Census Bureau
by Lillian Dickerson Sep 24
America's Hottest Neighborhoods: Willow Glen in San Jose, California
Robust work-from-home policies following the pandemic and an upcoming development by Google, as well as other amenities, are making Willow Glen an enviable place to live
New home sales hit 9-month low in February
February's seasonally adjusted annual rate of 775,000 was down 18.2% from January's revised rate of 948,000
by Lillian Dickerson Mar 23
New-home sales show healthy gains in January
New-home sales jumped 4.3% on a monthly basis and 19.3% on an annual basis, according to data from the US Census Bureau and the Department of Housing and Urban Development
by Lillian Dickerson Feb 24
New-home sales show modest uptick after a sluggish November
The seasonally adjusted annual rate of new single-family home sales in December clocked in at 842,000, 1.6% above the revised November rate of 829,000
by Lillian Dickerson Jan 28
'Seasonality is out the window': The late summer housing market is hot, hot, hot
But Redfin warns that lack of economic stimulus plan from Congress could lead to a housing downturn
by Andrea V. Brambila Aug 19
Median home sale price reaches all-time high
The median home sale price in the US rose by 2.8% from the previous year in June, marking an all-time high of $311,300, according to Redfin
by Lillian Dickerson Jul 20
Home prices increase in 91% of the nation's metros
Lower inventory is leading to more price increases and competition, according to NAR's chief economist
by Patrick Kearns Aug 7
Which markets will homebuyers be priced out of next?
As income growth fails to match home value growth, homebuyers are struggling to keep up, according to a study from SmartAsset
by Marian McPherson Nov 29
New home sales fall a jaw-dropping 33.3% in the Northeast
Redfin: LA home prices continued to climb in August despite more inventory
The Eastside craze elbowed into Glassell Park last month
by Inman Sep 28