A weekly update of housing market supply, demand, and prices.
The housing market closed out the month of June on somewhat uneven footing as pending sales pulled back slightly despite another record low for mortgage interest rates.
Pending Home Sales Retreat Even as Mortgage Rates Dip to New Low Read More »
Record-low mortgage interest rates below 3% drove pending sales to increase again, nearly to 2019 levels.
Pending Home Sales Approach 2019 Levels, Powered by Record-Low Mortgage Rates Read More »
Homebuyer demand is now 25% above pre-pandemic levels. Redfin agents report bidding wars are “bananas” with homes “flying off the shelves.” Sale prices are up 3.1%; asking prices are up 9.9%.
Homebuying Demand Just Keeps Getting Stronger Read More »
Redfin Chief Growth Officer Adam Wiener shares his weekly update about the impact of the coronavirus on the housing market.
Adam Wiener, Chief Growth Officer of Redfin, gives his weekly update about the impact of the coronavirus on housing.
Adam Wiener, Chief Growth Officer of Redfin, gives his weekly update about the impact of the coronavirus on housing.
Home-Buying Demand Passes Pre-Coronavirus Levels; Inventory Down 24% Read More »