From Our CEO
Meet Redfin’s Head of Industry Relations
We’re pleased to announce Joe Rath is our new director of industry relations! In his new role, Joe will build Redfin’s relationships with multiple listing
Housing Market Update: Uptick in Searches and Tours Highlight Buyers’ Mortgage-Rate Sensitivity
Since mortgage rates came down from their June high, measures of early demand like online real estate searches and home tours have ticked up and/or stabilized.

Newcomers to Philadelphia Have Nearly 40% More to Spend on Homes Than Locals
Out-of-towners have bigger budgets than locals in relatively affordable destinations like Philadelphia, Atlanta and Dallas because many are remote workers moving in from more expensive
Pandemic Homebuying Hotspots With Steep Price Increases Most Susceptible to Housing Downturn in a Recession
Riverside, Boise, Phoenix and Tampa are among the markets where homeowners stand to lose some of the value they gained over the past two years.

Housing Market Update: Homes Are Taking Longer to Sell
Buyers can now take their time touring and considering homes before making an offer. Still, selection remains very limited despite supply being up, as few homes are being listed and even fewer are selling.

Homebuyer Competition Drops to Lowest Level in Over Two Years
The bidding-war rate dipped below 50% for the first time since the start of the pandemic in June as rising mortgage rates and inflation took
Meet Redfin’s Head of Industry Relations
We’re pleased to announce Joe Rath is our new director of industry relations! In his new role, Joe will build Redfin’s relationships with multiple listing
Housing Market Update: Uptick in Searches and Tours Highlight Buyers’ Mortgage-Rate Sensitivity
Since mortgage rates came down from their June high, measures of early demand like online real estate searches and home tours have ticked up and/or stabilized.

Newcomers to Philadelphia Have Nearly 40% More to Spend on Homes Than Locals
Out-of-towners have bigger budgets than locals in relatively affordable destinations like Philadelphia, Atlanta and Dallas because many are remote workers moving in from more expensive
Pandemic Homebuying Hotspots With Steep Price Increases Most Susceptible to Housing Downturn in a Recession
Riverside, Boise, Phoenix and Tampa are among the markets where homeowners stand to lose some of the value they gained over the past two years.

Housing Market Update: Homes Are Taking Longer to Sell
Buyers can now take their time touring and considering homes before making an offer. Still, selection remains very limited despite supply being up, as few homes are being listed and even fewer are selling.

Homebuyer Competition Drops to Lowest Level in Over Two Years
The bidding-war rate dipped below 50% for the first time since the start of the pandemic in June as rising mortgage rates and inflation took