Tim Ellis, Author at Redfin Real Estate News - Page 25 of 49
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Tim Ellis

Tim Ellis has been analyzing the real estate market since 2005, and worked at Redfin as a housing market analyst from 2010 through 2013 and again starting in 2018. In his free time, he runs the independently-operated Seattle-area real estate website Seattle Bubble, and produces the "Dispatches from the Multiverse" improvised comedy sci-fi podcast.

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In Areas at High Risk for Wildfires, Relative Affordability Lures Homebuyers

In the past eight years, the price difference between low-risk and high-risk areas has flipped—from a 2.5% premium in high-risk areas in 2012 to a 3.9% discount in 2020—partly due to more intense competition in areas with low wildfire risk. The median sale price of homes in zip codes with a low wildfire risk has

U.S. Home Prices Up a Record 15%

National median home price hit a new record of $320,625. Key housing market takeaways for 434 U.S. metro areas during the 4-week period ending October 4: The median home sale price increased 15% year over year to $320,625—the highest on record in Redfin’s data, which goes back through 2012. Although it uses a different methodology

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