All Redfin Reports
Just 1 in 8 Home-Purchase Offers Submitted by Redfin Agents in June Faced Competition, Down from 1 in 2 a Year Earlier
The housing market in San Francisco tapped the brakes in June as just 28 percent of offers written by Redfin agents on behalf of their home-buying customers faced a bidding war.
Redfin Direct Expands to Northern Virginia
With Redfin Direct, unrepresented homebuyers can make their offer more competitive by saving the seller thousands of dollars in buyer’s agent commission fees.
Los Angeles, San Diego and Seattle are the Most Popular Destinations for Out-of-Towners Searching for $1M-Plus Homes
Los Angeles, Seattle & San Diego are the most popular destinations for Redfin.com home searchers looking at $1M-plus listings.
Supply of Homes for Sale Down 0.3 Percent in June, First Annual Decline in 10 Months
The number of homes for sale nationally fell 0.3 percent year over year in late June—the first annual decline since inventory started climbing in September.
Here’s How Many Affordable Homes Could Be Purchased For $238 Million–The Price of Most Expensive U.S. Home Ever Sold
A New York City penthouse broke records selling for $238M, which is equivalent to purchasing just about every single affordable house on the market in Deltona, Fl, or half of all homes on the market.
It’s Not All About Demand: Home Prices are Sky-High Where It’s Most Difficult and Most Expensive to Acquire and Develop Land
In expensive coastal metros like San Jose, the value of land accounts for more than half of the typical home’s value, far more than it does in inland areas.
