Slowing price growth and a growing percentage of price drops are other signs that the regions’ real estate markets may finally be cooling. Signals are emerging that the party may be coming to an end for home sellers in San Jose and Seattle, which have been two of the hottest seller’s markets in the country […]
Prices post sub-4% growth for third consecutive month Balance of supply and demand is shifting toward homebuyers’ favor in markets like San Francisco, Seattle, Denver, Dallas, and Portland, Oregon U.S. home-sale prices increased 3.3 percent in November compared to a year ago, to a median of $298,800. November marked the third straight month of annual
Housing Inventory Up 5% in November—Fastest Growth in 3 Years—as Sales Decline 8% Read More »
Despite a cooling market, bidding wars remain the norm in hot California, Boston and D.C. zip codes Thirty-two percent of offers written by Redfin agents on behalf of their home-buying customers in November faced competition (one or more competing bids), down from 45 percent a year earlier, marking an all-time low since Redfin began tracking
Nearly 64 percent more people are on Redfin.com at 10 a.m. on Friday than any other time, on average. That peak percentage is followed closely by 11 a.m. on Monday.
House Hunting at Work: The Most Popular Time to Search for Homes is 10 a.m. on Friday Read More »
Supply of homes priced $2 million or more fell 6 percent from a year earlier, as inventory overall inched up. Luxury home prices rose 3.2 percent year over year to an average of $1.7 million in the third quarter of 2018. This is the lowest growth rate since the fourth quarter of 2016, when prices
Home Inventory Continues to Grow as Sales Decline 6% Year over Year U.S. home-sale prices increased 4.5 percent in October compared to a year ago, to a median of $297,200. October’s year-over-year price increase marks a return to an overall healthy level of price growth after posting a 6.5-year low level of growth in September.
