All Redfin Reports
Condo Prices Down 1.4% in June, Sales Down 31%, But Demand Is Ticking Up
Homebuyer interest in condos dropped with the coronavirus pandemic along with prices, but buyers seeking affordable living are starting to return.
Survey: Almost Half of Recent Homebuyers Made an Offer Sight-Unseen, the Highest Share on Record
Almost half of surveyed homebuyers said they made a bid on a home without seeing it in person, up from 28% in 2019, amid pandemic fears and competition driven by a worsening housing shortage
Homeownership Hits Highest Level Since 2008 Driven by Younger, First-Time Buyers
Many renters who were planning a purchase in the next few years, have opted to go ahead and buy now given historically low rates.
20% of Winning Home Offers Waived the Inspection Contingency in June, Up From 13% Last Year
1 in 5 successful offers waived the inspection contingency in June as bidding wars intensified amid a deepening housing shortage and record-low interest rates
Home Sellers’ Asking Prices up 13% from Last Year as Demand Keeps Soaring
The U.S. housing market was unseasonably strong during the four-week period ending July 12.
More than 27% of Homebuyers Are Searching Out of Town, with Phoenix, Sacramento and Las Vegas the Most Popular Destinations
Redfin agents say the coronavirus pandemic is accelerating migration because it’s causing homebuyers to rethink what they want in a home, with preferences for more space, both indoor and outdoor.
