The seller's market is roaring back as buyers vie for limited inventory
A 'drought' of new listings is driving up prices, reversing the sluggishness of late 2022, and forcing buyers to compete fiercely for homes, according to a new analysis from Zillow
by Jim Dalrymple II May 10
older millennial
Millennials passed a significant homeownership milestone in 2022, while Gen Z is already beating out their parents, according to reports released this week by Apartment List and Redfin
by Ben Verde Apr 21
Once again, Newark is named the worst city in the US to get stoned
The Gateway City once again ranked dead last in an annual ranking of the best cities for pot lovers, falling below Bridgeport, Connecticut, according to Lawnstarter in observance of 4/20
by Ben Verde Apr 20
'My phone is ringing': Homebuyer demand soars to 9-month high
Mortgage applications increased 2% from a week earlier, marking the 4th week of increases while purchase applications rose 19% from a month earlier, according to data released Friday by Redfin
by Ben Verde Mar 31
58 cities that had million-dollar homes in 2022 don't anymore: Study
The number of US cities where the typical home value was $1M or more has dropped from a high of 522 in July 2022 to 464 as of January 2023. Coastal states have been most severely impacted
by Lillian Dickerson Mar 14
Appraiser ordered to watch exposé on Black homeowners she lowballed
Paul Austin and wife Tenisha Tate-Austin sued appraiser Janette Miller in 2021 after a lowball quote prompted the couple to pose a white friend as the homeowner for a second appraisal
by Ben Verde Mar 9
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
Costly housing spurred California's 500,000-person pandemic exit
The state's population exodus was second only to New York, which lost 15,000 more people. The sky-high cost of housing was the residents' primary reason for departure
by Lillian Dickerson Feb 21
Single renters pay a nearly $7,000 'singles tax' to live alone: Zillow
The 'tax' varies widely depending on the market with renters in expensive markets, such as New York City paying up to $19,500 more in rent annually
by Ben Verde Feb 13
Homebuyer dollar stretching further as rates drop: Zillow
As mortgage rates have dropped from a roughly 7% peak, buyers can now buy homes about 84 square feet larger than those they could purchase in October with a $3K monthly payment
Most expensive home listed in San Francisco takes $5.5M price cut
A mansion in the Presidio Heights neighborhood that had its price slashed to $39.5M is still the most expensive single-family home for sale in the Bay Area city, reports say
by Ben Verde Dec 6
Great Reshuffling revived as record number of buyers chase new metros
A record-high 33.7% of homebuyers sought to move from 1 metropolitan area to another in July, up from 32.6% in the second quarter of 2022, according to a report from Redfin on Thursday
by Ben Verde Aug 11
Compass announces new sales managers for San Francisco office
The company has hired Arthur Meirson, from Coldwell Banker, and will promote agent Christine Schoen to serve as sales managers at its flagship
by Ben Verde Jun 14
Aisha Chiappetta joins The Agency as VP of strategic growth
Most recently, Chiappetta served as director of partnership expansion at Side for about two-and-a-half years
by Lillian Dickerson May 11
$110M Silicon Valley estate could obliterate area price record
If the newly constructed Woodside estate sells for its list price, or anything close to that amount, the sale would decimate the current home price record for the area, which is $43.5M
by Lillian Dickerson Feb 25