From Our CEO
32% of Homes for Sale in the Fourth Quarter Were Newly Built—Just Shy of the Record High
New construction has taken up a growing share of the for-sale housing pie because homebuilding has increased and the number of individual homeowners selling has
Housing Market Update: More People Are Touring Homes, But That Hasn’t Yet Translated to More Sales
Redfin’s Homebuyer Demand Index, which measures requests for home tours and other services from Redfin agents, is ticking up as the spring home-selling season draws
Today’s Fed Press Conference Was Disappointing–But Not Devastating–For the Housing Market
The Fed essentially took a March interest-rate cut off the table, which means mortgage rates are likely to stay higher for longer. But we still
Luxury Home Prices Hit All-Time High As Record Share of High-End Buyers Pay Cash
Prices of luxury homes rose at twice the pace of non-luxury homes at the end of 2023, partly because elevated mortgage rates are irrelevant
San Francisco Is Coming Back: Homebuyers are Leaving the Bay Area at Half the Pandemic-Era Rate
Far fewer homebuyers are leaving the Bay Area as life returns to pre-pandemic norms, with many tech companies requiring in-person work and the novelty of
Homebuyers on a $3,000 Monthly Budget Have Gained Nearly $40,000 in Purchasing Power Since Mortgage Rates Peaked Last Fall
Buyers can afford a more expensive home now that mortgage rates have dropped to 6.7%, down from nearly 8% in October. Redfin economists don’t expect
32% of Homes for Sale in the Fourth Quarter Were Newly Built—Just Shy of the Record High
New construction has taken up a growing share of the for-sale housing pie because homebuilding has increased and the number of individual homeowners selling has
Housing Market Update: More People Are Touring Homes, But That Hasn’t Yet Translated to More Sales
Redfin’s Homebuyer Demand Index, which measures requests for home tours and other services from Redfin agents, is ticking up as the spring home-selling season draws
Today’s Fed Press Conference Was Disappointing–But Not Devastating–For the Housing Market
The Fed essentially took a March interest-rate cut off the table, which means mortgage rates are likely to stay higher for longer. But we still
Luxury Home Prices Hit All-Time High As Record Share of High-End Buyers Pay Cash
Prices of luxury homes rose at twice the pace of non-luxury homes at the end of 2023, partly because elevated mortgage rates are irrelevant
San Francisco Is Coming Back: Homebuyers are Leaving the Bay Area at Half the Pandemic-Era Rate
Far fewer homebuyers are leaving the Bay Area as life returns to pre-pandemic norms, with many tech companies requiring in-person work and the novelty of
Homebuyers on a $3,000 Monthly Budget Have Gained Nearly $40,000 in Purchasing Power Since Mortgage Rates Peaked Last Fall
Buyers can afford a more expensive home now that mortgage rates have dropped to 6.7%, down from nearly 8% in October. Redfin economists don’t expect
