The Most Popular Homes on Redfin in 2013 are …
December 20, 2013
Of the 2.5 million homes listed for sale on Redfin.com this year, which were the most popular? Read on to find out.
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You’ll Never Guess What Taylor Swift and Liberace Have in Common…
December 20, 2013
Redfin Report Ranks the Most Popular Homes Sold in 2013 There’s no denying that 2013 was the year of the home-buying frenzy. Demand surged as the supply of homes for sale plummeted, and 30-offer bidding wars and same-day flash sales became commonplace in the most competitive markets. Serious homebuyers took to Redfin.com, relying on online
November's U.S. Housing Numbers: Not a Lot to Give Thanks For
December 12, 2013
While the real estate market typically softens as the holiday season nears, this November saw an unexpectedly sharp drop in sales. In November, home sales fell below 2012 levels for the first time this year, dropping 10.9 percent year over year and 16.8 percent from October.
One in Four Home Sellers Forced to Lower their Asking Price in September
November 6, 2013
It’s a little early for annual look-backs, but 2013 will probably be recognized as the year of the buying frenzy… until it wasn’t. Nearly every month, headlines reported home prices hitting or surpassing five-year highs, and fierce bidding wars made some sellers question whether they should have listed their home for an even higher price.
A Common Trait that Silicon Valley, Las Vegas, and New York all Share. Hint: It's not the Weather
October 17, 2013
On average, for every $1 billion increase in stock value of companies in a given area, the median sale price of nearby homes increases by $4,400. That doesn’t sound like much, until you consider an area like Silicon Valley, home to 45 publicly traded companies in this study, and about $1.1 trillion in valuation. When
Prices, Sales Volume, and Inventory Decline in September
October 10, 2013
The housing market frenzy of 2013 has officially come to a close. In line with normal seasonal trends, home sales, prices, and inventory all dropped from August. Prices had their third consecutive month-over-month drop, falling 2.2 percent this month. Home sales dropped 19 percent from August, and inventory fell 3.4 percent. However, the continuing housing
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