It's a seller's market all right, and home value growth is accelerating
During July, the typical home value was up 4.5% year over year to $253,527, the fastest value rate increase since May 2019
by Lillian Dickerson Aug 21
Opendoor resumes iBuying in all pre-pandemic markets
The move hints at how strongly real estate has bounced back during the pandemic, which is still ongoing and has prompted Opendoor to include virtual assessments for homes
by Jim Dalrymple II Aug 18
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
'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
Where are the best and worst COVID-19 rebounds?
A recent Clever Real Estate report looked at the national trends that were spurred this year by COVID-19. Here are a few of them — plus the top five metros with the biggest increases as well as drops in buyer demand
by Luke Babich Aug 6
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
Bidding wars increased last month amid housing shortage: Redfin
Boston, Dallas and Washington, D.C., were the three most competitive markets in the U.S. last month, a new report reveals. The report provides further evidence that the pandemic hasn't tanked prices or demand
by Jim Dalrymple II Jun 15
Expensive U.S. cities see rents fall amid coronavirus pandemic
San Francisco in particular has experienced a historic drop in rent amid the pandemic, though rents are also down in New York, Boston and other cities
by Jim Dalrymple II Jun 1
After rocky rollout, agents receive small business loan money
The Paycheck Protection Program has allocated nearly $660 billion for small businesses. Despite glitchy application systems and unresponsive lenders, a number of agents now say they've received funding through the program
by Jim Dalrymple II May 4
Austin named top US job market
Austin, Texas, earned its place as the top US job market for the second year in a row, according to rankings conducted by the Wall Street Journal and Moody's Analytics
by Lillian Dickerson Feb 25
Qualia CEO Nate Baker talks tech disruption, iBuyer growth and 'onerous' housing regulations
Baker, whose company produces software to streamline real estate transactions, thinks trends like iBuying will get bigger even as supply shortages continue to plague cities
by Jim Dalrymple II Jan 20
This was the year — and decade — of big money in real estate
Both 2019 and the decade leading to it were dominated by disruption. And the thing fueling that disruption was a whole lot of cash
by Jim Dalrymple II Dec 19
These are the best ski towns for property investors
Communities in Vermont, Colorado and Utah stand out as places where investors can enjoy the snow — and potentially turn a profit
by Jim Dalrymple II Dec 17
Stagnant homeowners are creating an inventory catch-22
A new study by Redfin revealed the average homeowner in 2019 has lived in their home for 13 years, a 5-year increase from 2009
by Marian McPherson Nov 5
Will Michael Jordan make a slam dunk with this $7.5M listing?
The basketball legend has had issues selling his other 56,000-square-foot estate in Illinois
by Marian McPherson Oct 25