Worth of US homes nears $50T as real estate values hit all-time high
The total worth of homes in the United States hit a record high of $46.8T in June, overtaking the prior all-time high of $46.6T set a year earlier, according to the analysis by Redfin Friday
by Ben Verde Aug 11
May saw the lowest housing inventory in a decade: Report
The number of homes for sale in the United States fell 7.1% year over year to 1.4M on a seasonally adjusted basis, according to a new report from Redfin
by Ben Verde Jun 21
'Great Reshuffling' winds down as COVID hotspots and tech hubs cool
Cities in the West that saw prices soar during the pandemic are now cooling while metros in the Northeast and Midwest are showing more resilience, according to a new analysis
by Jim Dalrymple II Mar 27
Total market value for US homes drops $2.3T from June: Redfin
In its latest real estate market report, Redfin said the total market value for US homes dropped $2.3T from June to December 2022 — the largest 6-month drop since the Great Recession
by Marian McPherson Feb 22
Luxury housing market plunges to new low as priciest inventory rises
Stock market declines and recession concerns stopped the luxury market in its tracks in Q3, with home sales in the top percentile of the market declining 38% year over year, according to Redfin
by Marian McPherson Dec 28
The Agency launches new market in La Jolla, San Diego
The office marks the company's 63rd location overall and 21st office in the state of California. Mike Schwartz, formerly of Compass, will lead the office's operations as regional manager
by Lillian Dickerson Oct 10
Luxury home sales plunge to 10-year low, surpassing COVID levels
Luxury home sales in the US dove by 28.1% year over year during the 3 months ending Aug. 31, 2022 — eclipsing the 23.2% drop in luxury sales at the height of the pandemic, Redfin data shows
by Lillian Dickerson Sep 22
Cash still king as nearly a third of homebuyers spurn costly mortgages 
All-cash home purchases in the US hit 31.4% of all transactions in July 2022, just short of an 8-year high reached in February 2022, according to new data released Friday by Redfin
by Lillian Dickerson Sep 16
Stalemate: Listings are lingering a little longer as housing market cools
The share of homes listed for 30 days or longer increased 12.5% in July compared to a year earlier, with 61.2% of homes now sitting on the market for a month or longer, according to Redfin
by Ben Verde Aug 9
Shear madness: Agent's alpacas run wild in Oakland neighborhood
 Boogie and Woogie, a pair of Huacaya alpacas belonging to agent Tobias Riday-White, brought together an Oakland neighborhood Friday after the animals broke free of their enclosure
by Ben Verde Jan 13
Rent growth catching up to home price increases in major cities
In 2021, East Coast rents made steady gains while West Coast rents remained stilted — until recently, a new report released Tuesday from Zumper reveals
by Lillian Dickerson Oct 26
Annual apartment rent growth, occupancy hit new highs in July
The new highs surpassed records set between 2000 and 2001. As of July, the average monthly apartment rent in the US hit $1,549
Percentage of all-cash home purchases in US soars to 30%
That figure represents the largest share of homes purchased in all cash since 2014, according to Redfin
by Lillian Dickerson Jul 15
Seattle skyline
A new Redfin report found that homes in some of America's largest metro areas sold for well above asking price in the first half of 2021, bucking an established trend
by Daniel Houston Jun 23
The Inman Handbook on today's intense inventory crisis
There aren't enough homes for everyone who wants them. That's driving up prices and stretching agents thin
by Jim Dalrymple II Apr 22