June Housing Market Was the Fastest and Most Competitive on Record
Most homes in Denver sold in less than a week; 68% of San Jose homes sold above list price.
Nela leads Redfin’s housing market research team on data reports that help Redfin customers make informed choices. She comes to Redfin from Bloomberg LP, where she served as a senior economist with Bloomberg Government. She also served in past roles in the mortgage industry, capital markets and financial policy. Redfin is a full-service real estate brokerage that uses modern technology to make clients smarter and faster. For more information about working with a Redfin real estate agent to buy or sell a home, visit our "Why Redfin?," page.
Email NelaMost homes in Denver sold in less than a week; 68% of San Jose homes sold above list price.
Sales increased 7 percent, driven by growth in affordable metros
They think differently than their Gen-X cousins and boomer parents.
It’s simple economics. When prices rise, people are motivated to sell. But in today’s housing market, reality looks different. Prices are surging but for-sale signs are few and far between.
Homebuyers are shaking off jittery stock markets and rejoicing at falling mortgage rates. The only problem is inventory.
The Redfin Housing Demand Index fell 0.2 percent to 69 in December from a year earlier.
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