
54% of Redfin Home Offers Faced Bidding Wars in November
Competition dipped slightly ahead of the holidays, but remained above 50% for the seventh-straight month amid record-low mortgage rates and relocations. Nationwide, 53.6% of home
As a data journalist, Lily is passionate about helping readers understand complex facets of the housing market. She is particularly interested in the issues of climate change, race and gender equality and housing affordability. Prior to working at Redfin, Lily spent four years as a reporter at Bloomberg News in New York City.

Competition dipped slightly ahead of the holidays, but remained above 50% for the seventh-straight month amid record-low mortgage rates and relocations. Nationwide, 53.6% of home
Vacation towns and suburbs outside of major coastal cities are on the rise as remote work drives Americans to seek out space, solitude and affordability
Pending home sales were up 54% in low-intensity coronavirus counties last month, outpacing the 45% growth in high-intensity coronavirus counties. There was a similar trend

The desire for privacy during the pandemic is keeping a lid on condo prices, but condo sales are up 23%—on par with sales growth for
The number of people locking in mortgage rates for second homes has jumped as remote work enables affluent Americans to escape city life during the
The share is higher—39%—among respondents who planned to vote for Donald Trump. Still, most participants said that protests across major cities have either had no

Competition dipped slightly ahead of the holidays, but remained above 50% for the seventh-straight month amid record-low mortgage rates and relocations. Nationwide, 53.6% of home
Vacation towns and suburbs outside of major coastal cities are on the rise as remote work drives Americans to seek out space, solitude and affordability
Pending home sales were up 54% in low-intensity coronavirus counties last month, outpacing the 45% growth in high-intensity coronavirus counties. There was a similar trend

The desire for privacy during the pandemic is keeping a lid on condo prices, but condo sales are up 23%—on par with sales growth for
The number of people locking in mortgage rates for second homes has jumped as remote work enables affluent Americans to escape city life during the
The share is higher—39%—among respondents who planned to vote for Donald Trump. Still, most participants said that protests across major cities have either had no