All Redfin Reports
High-Risk Mortgages: It's All in the Eye of the Beholder
Half of Americans have credit scores below 713. Thanks to tough rules, that might not be enough to get you a $417,000, government-backed mortgage. But it might get you a $3 million jumbo from JPMorgan Chase.
The Housing Market Slowdown in 5 Easy Charts, And Why It Might Be a Good Thing
This week, we get a read on the job market and mortgage giants Fannie Mae and Freddie Mac report on their financial health. Thursday, elephants crowd into a room at Quicken Loans Arena. Maybe the location will inspire them to talk housing, but we’re not holding our breath. Also: Zombies, dragons, Carly Rae Jepsen, fun with maps, and that #$%@ high rent.
Where Will Everybody Live? New Homes Aren’t Keeping Up
While it’s rarely a good idea to put much stock in a single piece of economic data, the trend in new home sales has been disappointing for a while. Builders simply aren’t constructing enough houses accommodate population growth. It’s one factor of many contributing to the rapid rise in housing costs.
Redfin Now Has Real Estate Agents in El Paso, Corpus Christi and the Rio Grande Valley
Redfin now has real estate agents in El Paso, Corpus Christi and the Rio Grande Valley! People in these parts of Texas also now have access to Redfin’s online and mobile tools, which they can use to search for every home for sale in these cities.
How Redfin Pays Women and Men
To narrow the gender gap, some employers are releasing data on how we pay employees. Redfin has now reached a size where we have a meaningful number of employees in similar roles, and so today we are releasing data on the relative pay of women and men at our company.
Welcome to the First-Ever Redfin Housing Demand Index
Today we debut the Redfin Housing Demand Index, the industry’s first and only measure of homebuyer activity prior to purchase.