‘Normal’ Unemployment: It’s Not What It Used to Be
April 3, 2015
The unemployment rate may be normal by the Fed’s definition, but the labor force has changed a lot.
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Low-Paying Jobs Are Good for Housing, Especially Now
March 6, 2015
While low-paying jobs in hospitality and retail are easy to dismiss in terms of their significance to the housing market, they do in fact play a role.
Rock-bottom Interest Rates, More Homes for Sale Send Housing Market off to an Early, Roaring Start
February 5, 2015
Record-setting demand, more inventory, easier lending conditions and low interest rates are signaling that the housing market will be strong this year.
Home Prices Up 7.6 Percent in January as Redfin Reports Record-Setting Homebuyer Demand
January 27, 2015
One consistent trend in housing is that prices fall every January. To get the industry’s earliest indication about January prices, today for the first time Redfin is releasing home price information for the current month. According to data from home sales recorded in the first three weeks of January, the median home price is $266,400,
From Stalwarts, to Comeback Kids and Sleepers, Redfin Names Six Housing Market Personas for 2015
January 5, 2015
Redfin’s expectations for the 2015 housing market are identified through these six housing personas that we think will characterize the market this year.
Prices Hold Strong as Home Sales Drop in November
December 29, 2014
With gas prices low and consumer confidence at the highest reported level in seven years, there was a lot to be cheery about heading into the holiday home-buying season. However, positive consumer sentiment did not translate into more real estate transactions last month as the number of homes sold plunged 21 percent in November versus October and was down 5 percent from this time last year.
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