From Our CEO
Movers Flock to Miami, the Most Popular Migration Destination for 4th Straight Month
Homebuyer interest in moving to a new metro area remains elevated above pre-pandemic levels, with roughly 30% of Redfin.com users looking to relocate, as remote
Rental Market Tracker: Rents Jumped 7% in a Month, Up 21% From 2020
Increase in rents outpaced the increase in the monthly cost of buying a home.
November Marked a New Low for Home Supply
Home prices rose 15% from a year earlier, just shy of their all-time high.
Homebuyer Competition Drops to Lowest Level in Nearly a Year in November
59.5% of Redfin home offers faced bidding wars in November, the first time the competition rate was below 60% since December 2020. In November, 59.5%
Vacation-Home Demand Rose 83% Above Pre-Pandemic Levels in November
Interest in second homes remains strong as buyers race to lock in low mortgage rates and employers introduce permanent rules for remote work. In November,
Florida Frenzy: America’s Hottest Neighborhoods of 2022
Eight of the places on the annual top 10 list are in Florida, which is luring scores of house hunters in search of sunshine, low
Movers Flock to Miami, the Most Popular Migration Destination for 4th Straight Month
Homebuyer interest in moving to a new metro area remains elevated above pre-pandemic levels, with roughly 30% of Redfin.com users looking to relocate, as remote
Rental Market Tracker: Rents Jumped 7% in a Month, Up 21% From 2020
Increase in rents outpaced the increase in the monthly cost of buying a home.
November Marked a New Low for Home Supply
Home prices rose 15% from a year earlier, just shy of their all-time high.
Homebuyer Competition Drops to Lowest Level in Nearly a Year in November
59.5% of Redfin home offers faced bidding wars in November, the first time the competition rate was below 60% since December 2020. In November, 59.5%
Vacation-Home Demand Rose 83% Above Pre-Pandemic Levels in November
Interest in second homes remains strong as buyers race to lock in low mortgage rates and employers introduce permanent rules for remote work. In November,
Florida Frenzy: America’s Hottest Neighborhoods of 2022
Eight of the places on the annual top 10 list are in Florida, which is luring scores of house hunters in search of sunshine, low
