Prices fell more than 8 percent in San Francisco and San Jose, up over 10 percent in Newark, Milwaukee and Buffalo. U.S. home-sale prices increased just 0.6 percent in February compared to a year ago, to a median of $287,400 across the metros Redfin tracks. This is the smallest year-over-year price increase recorded since prices
Seven percent of winning offers written by Redfin agents last month were contingent on the sale of the buyer’s home, up from less than 5 percent last year Here’s another sign that even as the spring housing market begins to heat up, buyers have more power than they did a year earlier: offers with home
Pending sales spiked 15% in the city of Seattle in January, up 8% in San Jose, Silicon Valley’s central city. The market cooldown may already be over in Seattle, San Jose and Boston. Pending sales—the count of homes that went under contract during the month—were up 4 to 15 percent in January from a year
More than one in five homes for sale nationwide dropped its price in the last month. In Fresno it was two in five. More than any time in the past few years, 2019 is shaping up to be a good year for homebuyers. One way the market has shifted to buyers: More price drops. As
One in ten New Yorkers looking to leave are searching in Florida According to Redfin’s fourth quarter migration data, over a third of New Yorkers searching Redfin’s real estate listing website were looking to leave the area, up just slightly from a year prior. Their top destination? Boston. Just under 15 percent of those looking
Homebuyers are in the strongest position in years as the supply of homes for sale grows at fastest rate since May 2015 The housing market started off 2019 with buyers in a much better position than they were a year earlier. U.S. home-sale prices increased 2.9 percent in January compared to a year ago, to
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