It's a wash: Home price appreciation outpaces savings from low rates
While purchasing power rose by 6.9% year over year in July, home prices climbed 8.2%, according to a new study released Thursday by Redfin
by Patrick Kearns Sep 3
Get real! 3 tips for helping buyers stop chasing shiny objects
Because they're often distracted by shiny objects, homebuyers might be missing out on opportunities to purchase with little or no competition. Here are a few things agents can do to help clients adapt their behaviors and increase their chances of success
by Carl Medford Aug 10
Homes continue to sell fast amid incredibly low inventory
The number of homes that went under contract the week ending July 18, 2020 surpassed those of the previous week, with pending sales increasing by 10.9% week over week, according to Zillow's Weekly Market Report
by Lillian Dickerson Jul 24
Chance of V-shaped housing recovery is growing slimmer
'The possibility of volatility lasting into 2021 could be a reality,' according to a 136-page report by HouseCanary released Wednesday
by Patrick Kearns Jul 22
Homes continue to sell at fastest pace in 2 years
Sellers continue to be at an advantage in July in the wake of the pandemic, with homes leaving the market at their most rapid pace since Zillow began analyzing this data in 2018
by Lillian Dickerson Jul 10
Inventory continues to fall in June
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
Mike DelPrete: Don't call it a comeback (just yet)
Real estate tech strategist Mike DelPrete explains pre- and post-shelter-in-place market trends and how real estate agents can prepare for the future
by Marian McPherson Jun 4
Redfin is welcoming back 35% of furloughed staff
As homebuying demand returns in some parts of the country, Redfin is calling back approximately 350 furloughed employees, including agents
by Patrick Kearns May 22
Time on market sees greatest increase in 7 years
Homes sat on the market 15 days longer than last year during the week ending May 16, resulting in the greatest increase in time on market since 2013, according to realtor.com
by Lillian Dickerson May 21
What's next? C.A.R.'s VP addresses agent concerns
Agents are hungry to know what's going to happen to their businesses and the industry as a whole. Leslie Appleton-Young, the vice president of the California Association of Realtors, shares a real-world, data-driven snapshot into today's realities
by Bernice Ross May 6
New listings can't keep up with demand: Redfin
The company published 5 charts Friday that showed the stark impact that COVID-19 has had on the housing market
by Patrick Kearns May 1
Number of homes for sale declines 15.7% in March
The market started to show a slow down in the second half of March as the coronavirus outbreak settled in, according to data from realtor.com and Redfin
Tales from the field: What's in your dead files?
My old, non-active files are filled with the hopes and dreams of homebuyers, sellers and their real estate agents. There are tears in those files, sweat, disappointment and some anger, too
by Teresa Boardman Mar 2
Is a dumpster an indication of a home about to come to market?
Denver-based, flat-free brokerage Trelora is conducting a small-scale study right now to find out
by Patrick Kearns Jul 16
Miami sets new benchmark for annual home sales activity
Record-setting year occurs while median prices rise by double digits
by Erik Pisor Dec 28