From Our CEO
Housing Market Update: Homebuying Conditions Improve Slightly as Mortgage Rates Decline
The five-month streak of record-setting home prices has ended; supply is inching up. At $362,750, the median home sale price did not set a new
Prices of the Most and Least Expensive U.S. Homes Are Surging the Fastest
Luxury-home prices soared 26% year over year in the second quarter, while prices of the most affordable homes grew 19%. Both segments outpaced the rest
Housing Market Update: Pending Sales Post Smallest Increase in Over a Year
Home-selling speed and competition have passed their record-high peaks, meaning the market is starting to feel slightly more welcoming to buyers. But most homes still
South Carolina Could See a 10% Increase in Rental Vacancies When Eviction Moratorium Ends
Ending the national eviction will have a different impact in different states, with some positive outcomes, like an increase in homes available for rent or
Out-of-Towners Moving to Austin Spend $22,500 More on Homes Than Locals
Homebuyers who relocated to Austin during the pandemic paid an average of 7.8% above asking price, versus 3.7% above asking price for locals. This Redfin
Housing Market Update: Low Mortgage Rates Buoy Prices as Competition Eases
Home prices are still up 20% from a year ago even as fewer homes sell and the ones that do are sitting on the market
Housing Market Update: Homebuying Conditions Improve Slightly as Mortgage Rates Decline
The five-month streak of record-setting home prices has ended; supply is inching up. At $362,750, the median home sale price did not set a new
Prices of the Most and Least Expensive U.S. Homes Are Surging the Fastest
Luxury-home prices soared 26% year over year in the second quarter, while prices of the most affordable homes grew 19%. Both segments outpaced the rest
Housing Market Update: Pending Sales Post Smallest Increase in Over a Year
Home-selling speed and competition have passed their record-high peaks, meaning the market is starting to feel slightly more welcoming to buyers. But most homes still
South Carolina Could See a 10% Increase in Rental Vacancies When Eviction Moratorium Ends
Ending the national eviction will have a different impact in different states, with some positive outcomes, like an increase in homes available for rent or
Out-of-Towners Moving to Austin Spend $22,500 More on Homes Than Locals
Homebuyers who relocated to Austin during the pandemic paid an average of 7.8% above asking price, versus 3.7% above asking price for locals. This Redfin
Housing Market Update: Low Mortgage Rates Buoy Prices as Competition Eases
Home prices are still up 20% from a year ago even as fewer homes sell and the ones that do are sitting on the market