Nela Richardson, Author at Redfin Real Estate News - Page 8 of 9
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Nela Richardson

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.

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Home Sales Up 2.2% in October, So Why Now?

The number of homes sold was up 2.2 percent year over year in October, making it the first month of 2014 during which home sales clearly outpaced 2013. September’s growth was essentially flat at 0.3 percent, and every other month this year has seen a year-over-year decline in homes sales. So why the uptick now?

Where Do College-Educated Millennials Live?

As they enter prime home-buying years, many college-educated millennials will begin their home search in neighborhoods that look very different than the rest of the U.S. As we show in this report, despite their demonstrated preferences and priorities for where they live now, affordability is the driving factor for whether they’ll stay and buy in these areas.

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