All Redfin Reports
Homebuying Demand Rebound Amid Coronavirus Recession Highlights Wealth Divide
The impact of the coronavirus shutdowns on homebuyer demand has so far been short and muted, even in some of the cities that have been the hardest-hit by unemployment during the recession.
Home Prices Flat, Other Indicators Suggest the Market is Rebounding from Coronavirus Shutdowns
The housing market showed some early signs of recovery in May as new listings and pending sales both increased dramatically from April levels.
Interest in Single-Family Homes Hits Four-Year High
Web searches for single-family homes have popped as the coronavirus pandemic has turned privacy into a hot commodity.
Bidding Wars Climb in May as Coronavirus Intensifies Housing Shortage
While sellers have started to jump back into the market as states across the country reopen, there remains a shortage in houses for sale, which is fueling bidding wars.
Homebuying Demand Just Keeps Getting Stronger
Homebuyer demand is now 25% above pre-pandemic levels. Redfin agents report bidding wars are “bananas” with homes “flying off the shelves.” Sale prices are up 3.1%; asking prices are up 9.9%.
Redlining’s Legacy of Inequality: $212,000 Less Home Equity, Low Homeownership Rates For Black Families
Half a century after it was outlawed, the discriminatory housing practice of redlining continues to create a racial wealth gap across the U.S.
