2020 is the year of the second home
The demand for second homes has risen 100% year over year, according to a Redfin report
by Marian McPherson Nov 20
Annual home price growth blasts to highest level since 2014
According to Redfin's latest report, booming buyer demand caused by low interest rates and continuing inventory shortages are responsible for the climb
by Marian McPherson Sep 17
Rural home prices jump 11% in July: Redfin
Suburban and urban areas also saw home price growth during this period, although not to the extent of rural areas, according to a Redfin report
by Lillian Dickerson Aug 17
Median home sale price reaches all-time high
The median home sale price in the US rose by 2.8% from the previous year in June, marking an all-time high of $311,300, according to Redfin
by Lillian Dickerson Jul 20
paying mortgage
Boston experienced the highest frequency of bidding wars, with 72.4% of all offers facing competition, according to a Redfin survey released Friday
by Patrick Kearns Jul 10
The rate of Black homeownership has declined in cities since 2012
Minneapolis, Salt Lake City and Milwaukee have the lowest homeownership rate for Black families, according to a new Redfin study released Monday
by Patrick Kearns Jun 29
27% of homebuyers look to relocate to less dense, more affordable areas
A new Redfin report found that pageviews of listings in towns with less than 50,000 residents were up by 87 percent year over year in May
by Lillian Dickerson Jun 25
Summer outlook: A slowing recovery may wait in the wings
While housing has thus far seen a strong recovery, experts say prices may actually fall later this year. Factors such as unemployment and foreclosures could also weigh down the market
by Jim Dalrymple II Jun 23
Summer outlook: Real estate heads into buying season on firm footing
In our multipart series on the US housing market this summer, Inman's Jim Dalrymple reports that the market hasn't fully returned to normal yet, but a number of metrics including prices and pending sales suggest it has been resilient amid the coronavirus crisis
by Jim Dalrymple II Jun 22
Online searches for single-family homes hits 4-year high: Redfin
In May, 36% of saved searches created by Redfin.com users were filtered exclusively for single-family homes, up from 33% in February and the highest level its reached in 4 years
by Lillian Dickerson Jun 16
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
Buyers are eyeing small towns — even as interest in big cities rises
Page views of Redfin home listings in small towns jumped 105% year over year, while page views of homes in urban metros increased by 16%
by Lillian Dickerson May 15
How the coronavirus pandemic is reshuffling the luxury real estate market
Buyers are looking for homes in different places, and with different characteristics, than they did before COVID-19 brought chaos to the US
by Jim Dalrymple II May 15
10 cities best prepared to weather a coronavirus-fueled economic storm
How cities, businesses and housing markets behave over the next 30 days as the coronavirus pandemic continues to spread will be crucial on the road to recovery
Compass CEO Robert Reffkin calls on Congress to provide aid to agents
Reffkin argued coronavirus aid shouldn't be limited to W-2 workers. The National Association of Realtors has also said it is working to ensure aid packages to benefit agents
by Jim Dalrymple II Mar 19