As of March, the typical US home took 47 days to sell, the longest stretch in 6 years. Those longer stretches on the market tend to discourage competition, a Redfin report found
In 8 of the nation's largest metros, there was an uptick in homes that sold above asking price last month -- half of those metros in the Bay Area or New York, according to a Redfin report
Although NYC residents made the majority of home purchases in 2024, nearly half of out-of-state buyers came from New Jersey, California and Florida
The slow price growth is attributed to a shortage in housing inventory and limited buyer competition, according to a Redfin report published on Tuesday
The conservative talk show host listed the property in May, and it went under contract within one week. A fan reportedly purchased the home, as well as its furniture and books from the library
Intense competition appears to have driven down average buyers' agent commissions last fall to their lowest point since at least 2017
Homes priced over $1M made up 10.8% of all saved searches on Redfin.com in January, up from 8.5% the previous year, and the highest point this figure has reached since 2017
Agents in 5 of the country's most glamorous enclaves have been impacted by the pandemic along with everyone else. But they also envision a sharp recovery in the months to come