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 »
National home prices ticked up just a bit (0.4%) between September and October of this year, but were up 8% in October from a year earlier. As inventory plunged to new depths, the share of new listings that went under contract within two weeks bumped up two percentage points to its highest level since May.
As is typical this time of year, the housing market began to lose some steam in October, according to tour and offer data in Redfin’s Real-Time Demand Pulse. The month-over-month change in the number of Redfin clients touring homes and writing offers in October 2012 was nearly the same this year as last.
As the housing market winds down this year, home sellers’ concerns about the economy are beginning to ease slightly and responses to Redfin’s Real-Time Seller Survey point toward increasing confidence for the 2013 selling season.
More Confidence, Less Fear Among Home Sellers; Potential for Increased Inventory in 2013 Read More »
We are proud to introduce the inaugural Redfin Real-Time Agent Survey…and the picture painted by the agents is one of cautious optimism. Most agents we surveyed expect modest price gains, improvements for buyers as well as sellers, and moderate growth in the real estate industry.
Cautious Optimism For Real Estate from Agents: Redfin's Real-Time Agent Survey Read More »
