Although finding new listings continues to be a problem for buyers in nearly every market, this ongoing struggle only seems to be strengthening the resolve of today’s buyers.
Offers Climb Throughout March as Homebuyers Attempt to Beat Spring Rush Read More »
This quarter’s survey showed a dramatic shift in agent outlook from being a buyer’s market to a seller’s market. Nearly all agents believe the home prices will rise.
Agent Optimism Leaps as Market Heats Up Read More »
Convinced that prices have just begun to rise, many homeowners are waiting for their property value to increase more before selling and moving up to a nicer place. That is likely a mistake.
Thinking of Moving Up? Don’t Wait. Read More »
Inventory continued to plummet, with the number of homes for sale down 31.8 percent year over year, helping home prices rise 13.2 percent in February. Despite surging homebuyer demand in the new year, the lack of supply has clearly put downward pressure on sales…
February Home Prices Up 13%, Sales Up 2% in Redfin Real-Time Home Price Tracker Read More »
There’s a new phenomenon in today’s real estate market. Homes are being sold in 24 hours or less. Some people take more time to decide on a new pair of shoes. Redfin has coined the term “Real Estate Flash Sales” to describe homes that go under contract not within days, but hours of their debut.
Homes: Get 'Em While They're Hot! Read More »
After an extremely strong January, tours and offers continued climbing in February, despite a continued decline in new listings and increasing frustration among buyers.
Buyers Undeterred by Inventory Shortage; Home Tours and Offers Continue to Rise Read More »