Redfin’s Real-Time Seller Survey presents a classic good news / bad news scenario. The good news is that homeowner confidence continues to rise—indicating a potential easing of tight inventory in the coming months.
After the first two weeks of the year, new listings are down nearly a third from 2012’s already weak levels, which leads us to ask: where are all the sellers?
2013: Calling All Sellers! (Where are you?!?) Read More »
Home prices, sales, and listings all fell between November and December as the housing market weathered the usually-slow holiday season with a smaller dip in prices than the same time a year ago. Listings continued to drop, falling to a level 33 percent below December 2011 and 44 percent below December 2010.
The Redfin Real-Time Demand Pulse shows mixed signals from December: the trend in tours last month was a little stronger than a year ago, but the trend in offers was a little weaker.
Home Offers and Tours Come in Weak at the Close of 2012 Read More »
For the latest Redfin Real-Time Home-Buyer Tracker, we surveyed more than 1,000 active home-buyers who have recently toured homes with Redfin. The strongest messages they shared with us were a continued frustration with low inventory and a growing certainty that home prices in their areas are now on the rise.
Economic Concerns Melt Away For Home-Buyers, Rising Prices Seen As More Certain Read More »
We all want life to be simple, especially when it comes to our finances. So it’s no surprise that many people, when they need a home loan, turn to the bank where they already have a checking or savings account. However, Redfin data shows that lesser known lenders are often a better choice for homebuyers.
Don’t Just Borrow Where You Bank Read More »