The Redfin Housing Demand Index remained nearly flat into the end of 2017, falling just 0.6 percent from 128.3 in November to 127.6 in December.
Stock market gains and soaring investor confidence set the stage for high demand for luxury homes as 2017 came to a close. Luxury home prices rose 7.4 percent year over year to an average of $1.76M.
Amazon HQ2 will fuel the trend of people moving away from expensive coastal markets to smaller, more affordable inland cities. Redfin ranked the candidates.
Through a late provision added to the GOP tax plan last weekend, real estate investors may be on course for a multi-million dollar tax break.
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