From Our CEO
Growth in Mortgage-Rate Locks For Second Homes Dropped to Pre-Pandemic Levels in May
Though mortgage-rate locks for second homes were up nearly 50% year over year in May, the growth rate is returning to pre-pandemic levels as high
Homes With High Flood Risk Are Selling for Nearly $50,000 More Than Low-Risk Homes as Pandemic Buyers Chase Waterfront Properties
The typical home with high flood risk sold for $402,010 in the first quarter—a 14% premium over the typical home with low flood risk. That’s
Redfin Surpasses $1 Billion in Customer Savings
Redfin Customers Saved an Average of $8,200 in Real Estate Fees in 2020 Redfin just passed a major milestone: we’ve now saved our customers more
Housing Market Update: Is Relief From The Red-Hot Market On Its Way?
Asking prices leveled off as pending sales–which were rising at this time in 2019–posted a 3% monthly decline. Homes still sold for record prices, at record speeds.
1,500 Austin Homes Have Sold For More Than $100,000 Above Asking Price This Year. The Same Time Last Year, It Was 22.
The staggering increase in the number of homes sold hundreds of thousands of dollars above list price is symbolic of the hot housing market in
High-End Home Sales Surge Nearly Twice as Fast as Sales of Mid-Priced Homes
Purchases of high-end homes jumped 26% in the three months ending April 30, versus a 15% increase for mid-priced homes. High-end sales rose the most
Growth in Mortgage-Rate Locks For Second Homes Dropped to Pre-Pandemic Levels in May
Though mortgage-rate locks for second homes were up nearly 50% year over year in May, the growth rate is returning to pre-pandemic levels as high
Homes With High Flood Risk Are Selling for Nearly $50,000 More Than Low-Risk Homes as Pandemic Buyers Chase Waterfront Properties
The typical home with high flood risk sold for $402,010 in the first quarter—a 14% premium over the typical home with low flood risk. That’s
Redfin Surpasses $1 Billion in Customer Savings
Redfin Customers Saved an Average of $8,200 in Real Estate Fees in 2020 Redfin just passed a major milestone: we’ve now saved our customers more
Housing Market Update: Is Relief From The Red-Hot Market On Its Way?
Asking prices leveled off as pending sales–which were rising at this time in 2019–posted a 3% monthly decline. Homes still sold for record prices, at record speeds.
1,500 Austin Homes Have Sold For More Than $100,000 Above Asking Price This Year. The Same Time Last Year, It Was 22.
The staggering increase in the number of homes sold hundreds of thousands of dollars above list price is symbolic of the hot housing market in
High-End Home Sales Surge Nearly Twice as Fast as Sales of Mid-Priced Homes
Purchases of high-end homes jumped 26% in the three months ending April 30, versus a 15% increase for mid-priced homes. High-end sales rose the most
