From Our CEO
Share of Homebuyers Looking to Relocate Dips Slightly in October
30% of Redfin.com users looked to move metros last month, down from 32% at the start of 2021 but still above the 26% share we
Housing Market Update: Home Prices Hit a New All-Time High, Giving Sellers Much to be Thankful For
Homebuyers, on the other hand, face a market that is already heating back up with a third of homes selling in just one week.
Homebuyer Competition Levels Off in October, With 60% of Redfin Offers Facing Bidding Wars
Housing-market competition is no longer slowing as homebuyer demand shows signs of heating back up. In October, 60.3% of home offers written by Redfin agents
Rental Market Tracker: Rents Up 13%, Outpaced by 17% Growth in Monthly Mortgage Payments
However, a handful of cities across the country saw rents rise more than 30% from a year earlier, including Miami, Seattle, Portland, OR and Austin.
Housing Market Cooled in October, But Relief For Homebuyers Was Short-Lived
Pending sales rose 3% from September as early indicators of demand are strengthening.
Redfin Predicts a More Balanced Housing Market in 2022
Higher mortgage rates will end double-digit price growth and new listings will hit a 10-year high Editor’s note: After two of the least predictable years
Share of Homebuyers Looking to Relocate Dips Slightly in October
30% of Redfin.com users looked to move metros last month, down from 32% at the start of 2021 but still above the 26% share we
Housing Market Update: Home Prices Hit a New All-Time High, Giving Sellers Much to be Thankful For
Homebuyers, on the other hand, face a market that is already heating back up with a third of homes selling in just one week.
Homebuyer Competition Levels Off in October, With 60% of Redfin Offers Facing Bidding Wars
Housing-market competition is no longer slowing as homebuyer demand shows signs of heating back up. In October, 60.3% of home offers written by Redfin agents
Rental Market Tracker: Rents Up 13%, Outpaced by 17% Growth in Monthly Mortgage Payments
However, a handful of cities across the country saw rents rise more than 30% from a year earlier, including Miami, Seattle, Portland, OR and Austin.
Housing Market Cooled in October, But Relief For Homebuyers Was Short-Lived
Pending sales rose 3% from September as early indicators of demand are strengthening.
Redfin Predicts a More Balanced Housing Market in 2022
Higher mortgage rates will end double-digit price growth and new listings will hit a 10-year high Editor’s note: After two of the least predictable years
