Homebuyer Demand Fell 11 Percent Year Over Year in January; Supply Shortage is to Blame
The Redfin Housing Demand Index fell 11.4 percent to 89 in January from a year earlier after flattening in December.
Rachel writes about the national housing market. Now based in NYC, Rachel joined Redfin in 2010 as a real estate agent in Washington, D.C., and joined company’s communications team in 2011. 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 RachelThe Redfin Housing Demand Index fell 11.4 percent to 89 in January from a year earlier after flattening in December.
People who are in the market through this holiday season are serious buyers who need to move now.
Redfin commissioned SurveyMonkey Audience to conduct an independent survey of 2,134 Americans who bought and/or sold a home in the past two years.
Minneapolis is the most bikeable city in the U.S., according to the latest ranking by Walk Score®, a Redfin company. With a Bike Score of 81.3, Minneapolis has a strong lead over San Francisco (75.1) and Portland (72.0).
Here’s the full 2015 Bike Score ranking of cities of all population sizes, and a list of cities Bike Score expanded to for the 2015 ranking.
New York, the nation’s most walkable city, has increased its lead over No. 2 San Francisco in the latest ranking by Walk Score®. The two cities essentially tied for first place in 2011. Walk Score, a Redfin company, ranked the most walkable U.S. cities with populations of more than 300,000.
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