From Our CEO
More People Are Moving In Than Out of Areas Facing High Risk From Climate Change
The U.S. counties with the largest share of homes facing high heat, drought, fire, flood and storm risk saw their populations grow from 2016-2020 due
July Marked 12 Straight Months of Double-Digit Price Increases
Still, housing market conditions improved slightly for homebuyers as competition eased off from the records set in June.
Housing Market Update: 5% of Home Sellers Dropped Their Price in Recent Weeks
As demand eases and sellers adjust their price expectations, the housing market is slowly aligning to typical seasonal patterns.
Demand for Vacation Homes Fell for Second Consecutive Month in July
Primary residence mortgage locks fell for the first time in over two years. Demand for second homes fell 21% year over year in July, the
Homebuyer Bidding-War Rate Drops to Lowest Level Since January
60% of offers written by Redfin agents faced competition in July, down from 67% in June. Competition is still more intense than it was a
Housing Market Update: Balance is Slowly Returning as Homebuying Demand Moderates
Nearly 5% of listings saw price drops, the highest level since 2019.
More People Are Moving In Than Out of Areas Facing High Risk From Climate Change
The U.S. counties with the largest share of homes facing high heat, drought, fire, flood and storm risk saw their populations grow from 2016-2020 due
July Marked 12 Straight Months of Double-Digit Price Increases
Still, housing market conditions improved slightly for homebuyers as competition eased off from the records set in June.
Housing Market Update: 5% of Home Sellers Dropped Their Price in Recent Weeks
As demand eases and sellers adjust their price expectations, the housing market is slowly aligning to typical seasonal patterns.
Demand for Vacation Homes Fell for Second Consecutive Month in July
Primary residence mortgage locks fell for the first time in over two years. Demand for second homes fell 21% year over year in July, the
Homebuyer Bidding-War Rate Drops to Lowest Level Since January
60% of offers written by Redfin agents faced competition in July, down from 67% in June. Competition is still more intense than it was a
Housing Market Update: Balance is Slowly Returning as Homebuying Demand Moderates
Nearly 5% of listings saw price drops, the highest level since 2019.
