Redfin’s expectations for the 2015 housing market are identified through these six housing personas that we think will characterize the market this year.
With gas prices low and consumer confidence at the highest reported level in seven years, there was a lot to be cheery about heading into the holiday home-buying season. However, positive consumer sentiment did not translate into more real estate transactions last month as the number of homes sold plunged 21 percent in November versus October and was down 5 percent from this time last year.
Prices Hold Strong as Home Sales Drop in November Read More »
Sales of homes for $1 million and more continued to solidly outpace the rest of the housing market in the third quarter.
Sales of Million-Dollar-Plus Homes Growing, But Who’s Buying Is Shifting Read More »
The number of homes sold was up 2.2 percent year over year in October, making it the first month of 2014 during which home sales clearly outpaced 2013. September’s growth was essentially flat at 0.3 percent, and every other month this year has seen a year-over-year decline in homes sales. So why the uptick now?
Home Sales Up 2.2% in October, So Why Now? Read More »
There was a rare late-season boost in the number of homes for sale in September.
Finally, More Homes for Sale, but Will They Be Enough? Read More »
A surprising drop in newly listed homes combined with strong homebuyer demand could suggest that home prices will spike upward this fall as they did much of last year. Not so…
Newly Listed Homes Fall an Unexpected 9.3% in August Read More »
