Housing Market News

Year-Over-Year Price Growth at Lowest Level Since 2012

Home Prices Up 0.6% in February—Smallest Year-Over-Year Gain Since March 2012

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 […]

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Share of Winning Redfin Offers Using Sale Contingencies Up From 2018

Home Sellers Increasingly Willing to Accept Offers From Buyers Who Need to Sell Their Own Home First

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

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Which billionaire could buy your city?

Kylie Jenner Could Buy an Entire Community in Maui—See Which Billionaire Could Buy Your City

Just how much money do the billionaires on Forbes’ latest list have? To put it into context, we created a list of billionaires who could afford to buy every home in certain cities. Jeff Bezos, who took the top spot on this year’s Forbes list of billionaires, couldn’t afford to buy every home in Amazon’s

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Minneapolis, Pittsburgh and St. Louis Top Metros With Highest Homeownership Rates for Low-Income Families

And three southern metros—Louisville, Charlotte and Nashville—experienced the largest rise in low-income homeownership from 2012 to 2017. Minneapolis has the nation’s highest homeownership rate for low-income families. In the Minneapolis area, 57.7 percent of households with incomes in the bottom 25th percentile for the metro area were homeowners in 2017, followed by Pittsburgh (55.8%) and

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City of Seattle Year Over Year Change in Home Sales

Homebuyers Return as Pending Sales Rebound in Seattle, Silicon Valley and Boston

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

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