Just 13 percent of offers written by Redfin agents on behalf of their home-buying customers last month faced a bidding war, little changed from December’s record low, and down from 53 percent in January 2018. Two of last spring’s most competitive markets—Seattle and San Francisco—kicked off 2019 with fewer than one in five offers facing […]
Money can’t buy you love but it sure buys a pretty home. These are the top luxury trends and features guaranteed to be on home buyers’ wish lists for 2019.
7 Luxury Trends for 2019 Read More »
Volatility on Wall Street and global economic uncertainty may have contributed to a decline in high-priced home sales in the luxury market. The average sale price for luxury homes nationwide rose 4.7 percent annually to an average of $1,772,000 in the fourth quarter of 2018. That’s on par with the annual growth seen in the
Sales of $2 Million-Plus Homes Decline for First Time in 2 Years as Prices Tick Up Read More »
Homes for sale are taking longer to find buyers this January for the first time in three years. Typical home nationwide was on the market for 55 days, up from 54 last year. Here’s another sign that the housing market is slowing down, literally: The median number of days homes for sale are spending on
Super Bowl Sunday is almost here. If you are from Boston or Los Angeles, you may be psyched to see your city compete, and if you are from Kansas City or New Orleans, you may be bummed that your team just barely missed out on Sunday’s championship. But, there are plenty of cities across the
Football stadiums are expensive — what does that mean for affordable housing? Read More »
In some coastal areas, only a small portion of homes are affordable to the typical millennial—but in certain inland cities, nearly 90 percent of the housing market is affordable for the generation. St. Louis was the most affordable metro for millennials as of the end of 2018, with more than 88 percent of homes for